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finish a-h Erercise 19-18: Recording transactions in iob order costing Finish on your 0W1 II a. Raw materials purchased on credit, $90,000. b. Direct materials
finish a-h
Erercise 19-18: Recording transactions in iob order costing Finish on your 0W1 II a. Raw materials purchased on credit, $90,000. b. Direct materials used, $36,500. Indireot materials used, $19,200. c. Direot labor used, $38,000. Indirect labor used, $12,000. (Record using Factory d. Paid cash for other actual overhead costs, $11,475. e. Applied overhead at the rate of 125% of direct labor cost. f. Transterred cost of jobs completed to finished goods, $56,800. g. Sales of jobs on credit was $72,000. h. Cost of iobs sold was $48,500 Erercise 19-18: Recording transactions in iob order costing Finish on your 0W1 II a. Raw materials purchased on credit, $90,000. b. Direct materials used, $36,500. Indireot materials used, $19,200. c. Direot labor used, $38,000. Indirect labor used, $12,000. (Record using Factory d. Paid cash for other actual overhead costs, $11,475. e. Applied overhead at the rate of 125% of direct labor cost. f. Transterred cost of jobs completed to finished goods, $56,800. g. Sales of jobs on credit was $72,000. h. Cost of iobs sold was $48,500Step by Step Solution
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