Question
In January, Crane Company requisitions raw materials for production as follows: Job 1 $740, Job 2 $980, Job 3 $570, and general factory use
In January, Crane Company requisitions raw materials for production as follows: Job 1 $740, Job 2 $980, Job 3 $570, and general factory use $490. During January, time tickets show that the factory labor of $4,920 was used as follows: Job 1 $1,800, Job 2 $1,310, Job 3 $1,150, and general factory use $660. Prepare the job cost sheets for each of the three jobs. Job 1 Date Direct Materials Direct Labor 1/31 Job 2 Date Direct Materials Direct Labor 1/31 Job 3 Date Direct Materials Direct Labor 1/31
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Managerial Accounting Tools for business decision making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
6th Edition
978-0470477144, 1118096894, 9781118214657, 470477148, 111821465X, 978-1118096895
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