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Journalize the following transaction for Company Purchased direct materials on account $36,600 Purchased indirect materials on account, $4,350 Requested direct materials costing $9,750 and indirect
Journalize the following transaction for Company | |||||||
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Purchased direct materials on account $36,600 | |||||||
Purchased indirect materials on account, $4,350 | |||||||
Requested direct materials costing $9,750 and indirect materials $3,850 for production | |||||||
Recorded the following wages direct labor, $21,300, indirect labor $15,700, supervisor $22,000, Sales Salaries $3,500 | |||||||
Paid the wages. | |||||||
Depreciation on plant & equipment was $3,799 | |||||||
Applied overhead at a rate of 110 percent of direct labor | |||||||
Completed jobs at a cost of $56,020 | |||||||
Shipped out job 425 at a cost of $43,500 and a selling price of $75,500 | |||||||
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