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During January, its first month of operations, Bridgeport Company accumulated the following manufacturing costs: raw materials purchased $5,400 on account, factory labor $7,300, and utilities
During January, its first month of operations, Bridgeport Company accumulated the following manufacturing costs: raw materials purchased $5,400 on account, factory labor $7,300, and utilities payable $2,600. In January, requisitions of raw materials for production are as follows: Job 1 $910, Job 2 $1,400, Job 3 $810, and general factory use $610. Record raw materials used. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
Manufacturing Costs | Work in Process Inventory | ||||||||
---|---|---|---|---|---|---|---|---|---|
Raw Materials Inventory | Factory Labor | Manufacturing Overhead | |||||||
Balance | $enter a dollar amount | $enter a dollar amount | $enter a dollar amount | enter a dollar amount | |||||
Direct materials | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | |||||
Indirect materials | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | |||||
Ending balance | $enter a total amount | $enter a total amount | $enter a total amount | enter a total amount |
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