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Harold Manufacturing applies factory overhead to its job order cost jobs using $40 per direct labor hour. Job #62 was started this month. Please journalize
Harold Manufacturing applies factory overhead to its job order cost jobs using $40 per direct labor hour. Job \#62 was started this month. Please journalize the following activities, using the accounts listed below (use the number associated with the accounts listed below): 1. Raw materials inventory 2. Work in process (WIP) 3. Finished goods inventory 4. Factory overhead applied 5. Cost of goods sold 6. Accounts Receivable 7. Sales Issued $10,000 of material to Job \#62: 1. debit is: 2. credit is amount is $10,000 Factory labor charged to Job \#62 at 120 hours at $30 per hour: 3. debit is: Credit is wages payable: 4. amount is $ Applied factory overhead to Job \#62: 5. debit is: 6. credit is 7. amount: $ Jobs \#62 finished and transferred to finished goods: 8. debit is: 9. credit is 10. amount: $ Job \#62 sold on account to Rosie Corporation for $30,000 (2 entries): 11. debit is: 12. credit is 13. amount: $ 14. debit is: 15. credit is 16. amount
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