Question
Journal Entries for Material, Labor, and Overhead Hilburn Manufacturing Corporation had the following transactions for its job order costing operation. Jan. 1 Purchased materials on
Journal Entries for Material, Labor, and Overhead
Hilburn Manufacturing Corporation had the following transactions for its job order costing operation.
| Jan. 1 | Purchased materials on account, $17,000. |
| 15 | Issued direct materials to Job No. 104, $11,000. |
| 20 | Issued indirect materials (factory overhead), $4,700. |
| 31 | Incurred direct labor, Job No. 104, $9,800. |
| 31 | Incurred indirect labor (factory overhead), $2,500. |
| 31 | Incurred other indirect costs (factory overhead; credit Accounts Payable), $1,700. |
Prepare general journal entries to record these transactions.
| DATE | ACCOUNT TITLE | DOC. NO. | POST. REF. | DEBIT | CREDIT | ||
|---|---|---|---|---|---|---|---|
| 1 | 20-- Jan. 1 | fill in the blank 2 | fill in the blank 3 | 1 | |||
| 2 | fill in the blank 5 | fill in the blank 6 | 2 | ||||
| 3 | 3 | ||||||
| 4 | Jan. 15 | fill in the blank 8 | fill in the blank 9 | 4 | |||
| 5 | fill in the blank 11 | fill in the blank 12 | 5 | ||||
| 6 | 6 | ||||||
| 7 | Jan. 20 | fill in the blank 14 | fill in the blank 15 | 7 | |||
| 8 | fill in the blank 17 | fill in the blank 18 | 8 | ||||
| 9 | 9 | ||||||
| 10 | Jan. 31 | fill in the blank 20 | fill in the blank 21 | 10 | |||
| 11 | fill in the blank 23 | fill in the blank 24 | 11 | ||||
| 12 | 12 | ||||||
| 13 | Jan. 31 | fill in the blank 26 | fill in the blank 27 | 13 | |||
| 14 | fill in the blank 29 | fill in the blank 30 | 14 | ||||
| 15 | 15 | ||||||
| 16 | Jan. 31 | fill in the blank 32 | fill in the blank 33 | 16 | |||
| 17 | fill in the blank 35 | fill in the blank 36 | 17 | ||||
| 18 | 18 |
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
