EXERCISE 2-6. Recording Material Cost in Job-Order Costing [LO 3, 6] During the month of August, Star Plastics had material requisitions for $200,000 of materials related to specific jobs and $10,000 of miscellaneous materials classified as overhead. Required Prepare journal entries to record the issuance of materials during August.

EXERCISE 2-7. Recording Material Cost in Job-Order Costing [LO 3, 6] Five material requisitions (MR) forms were received by the materials storeroom of the Saint Louis Foundry during the first week of 2014. MR101 was for $250 of direct materials for job number 1501. MR102 was for $350 of direct materials for job number 1502. MR103 was for $100 of indirect materials issued to the factory floor. MR 104 was for $400 of direct materials issued to job number 1501. MR105 was for $500 of direct materials issued to job number 1503. Required Prepare summary journal entries to record the issuance of these materials. (Hint: There should be a separate journal entry for direct and indirect materials.)

Note that direct materials are charged to Work in Process while indirect

materials are charged to Manufacturing Overhead.

EXERCISE 2-8. Recording Labor Cost in Job-Order Costing [LO 3, 6] During the month of August, Star Plastics had $70,000 of labor costs that were traced to specific jobs. The company also had $50,000 of indirect labor related to supervisory pay. (Hint: There should be separate journal entries for direct and indirect labor.) Required Prepare journal entries to record labor cost during August.

EXERCISE 2-9. Recording Labor Cost in Job-Order Costing [LO 3, 6] Johnson Products had the following labor time tickets for the month of February: Required 1. Calculate the amount of direct labor cost assigned to each job. 2. Summarize the labor time tickets and prepare a journal entry to record direct labor for the month.