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Direct labor cost 12000 Direct material cost 15000 MOH allocated based on direct labor cost as 110% Expenditures during period Plant janitors wages 5000 Depreciation
| Direct labor cost | 12000 | |||
| Direct material cost | 15000 | |||
| MOH allocated based on direct labor cost as 110% | ||||
| Expenditures during period | ||||
| Plant janitors wages | 5000 | |||
| Depreciation on delivery vehicles | 1000 | |||
| Sales salaries | 1500 | |||
| Plant property taxes | 1200 | |||
| Plant utilities | 1100 | |||
| indirect labor | 3500 | |||
| indirect material | 300 | |||
| Completed production | 30200 | |||
| Sold inventory on account 40000, COGS 20000 | ||||
| Journalize transactions and closing of MOH | ||||
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Auditing Theory And Practice
Authors: Roger H. Hermanson
1st Edition
0256023301, 978-0256023305
