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E20-28 prepare journal entries-- inputs oxford company had the following transactions in october purchased raw materials on account $70,000 used materials in production: $26,000 in

E20-28

prepare journal entries-- inputs

oxford company had the following transactions in october

  1. purchased raw materials on account $70,000
  2. used materials in production: $26,000 in mixing departments; $14,000 in the packaging dept; $1,000 in indirect materials
  3. incurred labor costs: $8,000 in mixing dept; $7,200 in packaging dept; $2,200 in indirect labor
  4. incurred manufacturing overhead costs: $3,500 in machinery depreciation,; paid $2,300 for rent and $1,590 for utilities

prepare journal entries for oxford company

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