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journal entrys for all 10 a. Purchased raw materials on account for $121,600. b. Issued $114,100 in raw materials to production ( $20,300 were not
journal entrys for all 10
a. Purchased raw materials on account for $121,600. b. Issued $114,100 in raw materials to production ( $20,300 were not traceable to specific jobs). c. Incurred $129,384 in direct labor costs (14,376 hours) and $61,900 in supervision costs (paid in cash). d. Incurred the following additional manufacturing overhead costs: factory lease $23,000 (paid in cash); depreciation on equipment $18,900; custodial supplies $6,200 (paid in cash). e. Incurred the following nonmanufacturing costs, both paid in cash: advertising $73,700; sales commissions $87,100. f. Applied manufacturing overhead to jobs in process at a rate of $11 per direct labor hour. 9. Completed jobs costing a total of $343,100. h. Sold jobs for $425,800 on account. The cost of the jobs was $341,500. i. Closed the Manufacturing Overhead account balance. Required: Prepare the journal entries to record these transactions. Note: If no entry is required for a transaction/event, select "No Journal Entry Required" in the firsp account field. Journal entry worksheet Record issue in raw materials to production (including the part which is not traceable to specific jobs). Note: Enter debits before credits Step by Step Solution
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