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i need 6 and 7 a. Raw materials purchased on credit $90,000. b. Direct materials used, $36,500 indirect matenals used, $19,200 C. Direct labor used,
i need 6 and 7
a. Raw materials purchased on credit $90,000. b. Direct materials used, $36,500 indirect matenals used, $19,200 C. Direct labor used, $38,000 indirect labor used, $12000. (Record using Factory Wages Payable) d. Paid cash for other actual overhend costs, 5114475 c. Applied overhead at the rate of 125% of direct labor cost t. Transferred cost of jobs comploted to finished goods, $56,800 9. Sales of jobs on credt was $82000 h. Cost of jobs sold was $56,800 Prepare journal entries to record transactions a through h. a. Raw materials purchased on credit, $90,000. b. Direct materials used, $36,500. Indirect materials used, $19,200 c. Direct labor used, $38,000. Indirect labor used, \$12,000. (Record using Factory Wages Payable.) d. Paid cash for other actual overhead costs, $11,475. e. Applied overhead at the rate of 125% of direct labor cost. f. Transferred cost of jobs completed to finished goods, $56.800. g. Sales of jobs on credit was $82000. h. Cost of jobs sold was $56,800 Step by Step Solution
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