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Enter the following entries for the month of July. A. Cash sales of inventory: $800. The cost of inventory sold was $350. B. Selling and

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Enter the following entries for the month of July. A. Cash sales of inventory: $800. The cost of inventory sold was $350. B. Selling and Administrative expenses incurred and paid: $1,200. C. Raw Materials purchased on account: $2,560. D. Materials requisitioned and used in production: $980. E. Direct Labor wages incurred during July: $2,875. Direct Labor wages actually paid in July were $2,000. F. Factory Overhead was allocated to Work in Process Inventory at a predetermined overhead allocation rate of 60% of Direct Labor costs incurred during July. G. The cost of product completed and moved to the Finished Goods Inventory: $4,67'5. H. Sales on account: $2,000. The cost of the units sold was $975. I. Actual Factory Overhead costs for the month of July totaled $2,600. (All paid in cash.) These journal entries should be input into QuickBooks using the directions provided in Step 3. All entries should be dated "July 31, 2017." and should be auto-numbered through QuickBooks. For the \"Description," enter "Journal Entry" and the letter of the adjustment from above. {For example, the description of the rst Journal Entry would be I'Journal Entry A?) Step 5

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