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Journalize the following transactions for Wildhorse Company. (a) Purchased 6,100 units of raw materials on account for $17,440. The standard cost was $18,300. (b) Issued
Journalize the following transactions for Wildhorse Company. (a) Purchased 6,100 units of raw materials on account for $17,440. The standard cost was $18,300. (b) Issued 5,980 units of raw materials for production. The standard units were 6,080. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
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