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During January, its first month of operations, Monty Company accumulated the following manufacturing costs: raw materials purchased $ 4,500 on account, factory labor $ 8,100,
During January, its first month of operations, Monty Company accumulated the following manufacturing costs: raw materials purchased $ 4,500 on account, factory labor $ 8,100, and utilities payable $ 2,700. In January, requisitions of raw materials for production are as follows: Job 1 $ 910, Job 2 $ 1,500, Job 3 $ 750, and general factory use $ 690. 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 Proce Inventory Raw Materials Inventory Factory Labor Manufacturing Overhead Accumulated costs ta Direct materials used Indirect materials used Ending balance ta $
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