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Help Saved Required information [The following information applies to the questions displayed below] The following information is available for Lock-Tite Company, which produces special-order
Help Saved Required information [The following information applies to the questions displayed below] The following information is available for Lock-Tite Company, which produces special-order security products and uses a job order costing system. April 30 May 31 Inventories Raw materials Work in process Finished goods Activities and information for May Factory payroll (paid with cash) $41,000 10,000 $ 51,000 20,500 62,000 35,000 Raw materials purchases (paid with cash) 185,000 200,000 Factory overhead Indirect materials 10,000 Indirect labor 46,000 Other overhead costs 99,000 Sales (received in cash) 1,200,000 Predetermined overhead rate based on direct labor cost 55% < Prev 6 7 of 10 Next >> Search hp of 4 Required information Journal entry worksheet A B C Record the entry for direct labor usage. 01:45 22 Note: Enter debits before credits. eBook 40nt Prin References Transaction General Journal Debit Credit ! Required information Journal entry worksheet 52 62 < A B C nices Record the entry for indirect labor usage. Note: Enter debits before credits. Transaction 2 General Journal Debit Credit < Prev 6 S of 10 Noxt Required information Journal entry worksheet 3 of 4 < A B 01:44:39 Record the entry for the cash payment of total factory payroll. eBook Hint Print References, Note: Enter debits before credits. Transaction 3 Mc General Journal Debit Credit
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