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Dazzle, Incorporated produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for

Dazzle, Incorporated produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for direct material usage is:

Direct materials used $ 96,000
Direct labor used 169,000
Predetermined overhead rate (based on direct labor) 160%
Goods transferred to finished goods 441,000
Cost of goods sold 453,000
Credit sales 819,000

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