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During the current month, Waterway Company incurs the following manufacturing costs. (a) Purchased raw materials of $17,600 on account. (b) Incurred factory labor of $41,400.
During the current month, Waterway Company incurs the following manufacturing costs. (a) Purchased raw materials of $17,600 on account. (b) Incurred factory labor of $41,400. (c) Factory utilities of $3,700 are payable, prepaid factory property taxes of $2,530 have expired, and depreciation on the factory building is $8,200. Record the company's manufacturing costs in its job order costing system
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