Joanie Manufacturing Company uses a job order cost accounting system and keeps perpetual inventory records. Prepare journal entries IN GOOD FORM to record the following transactions during the month of June.

A. June 8 Raw materials requisitioned from the warehouse by the production department:

Jobs 101, 102, and 103. = $11,500

Indirect materials = 500

Total $12,000

B. June 25 Incurred $43,200 of factory labor. Workers will be paid next month.

C. June 25 Assigned labor to jobs. Time tickets indicated the following:

Jobs 101, 102, and 103. (2,600 hrs $12 per hr) = $31,200

Indirect labor. (1,000 hrs $12 per hr) = 12,000

Total $43,200

D. June 25 Applied manufacturing overhead to production based on a predetermined overhead rate of $9.50 per direct labor hour worked.

E. June 28 Goods costing $37,500 were completed in the factory and were transferred to finished goods.

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