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Entries for Costs in a Job Order Cost System Munson Co. uses a job order cost system. The following data summarize the operations related to
Entries for Costs in a Job Order Cost System Munson Co. uses a job order cost system. The following data summarize the operations related to production for July: Materials purchased on account, $653,210 Materials requisitioned, $548,700, of which $71,330 was for general factory use Factory labor used, $672,810, of which $127,830 was indirect Other costs incurred on account for factory overhead, $156,770; selling expenses, $241,690; and administrative expenses, $143,710 Prepaid expenses expired for factory o
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