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June production generated the following activity in Axle Chassis Company's Work-in-Process Inventory account: (Click the icon to view the activity.) Additionally, Axle has completed Jobs

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June production generated the following activity in Axle Chassis Company's Work-in-Process Inventory account: (Click the icon to view the activity.) Additionally, Axle has completed Jobs 142 and 143, with total costs of $41,000 and $42,000, respectively. Read the requirements. Requirement 1. Prepare the journal entry for production completed in June. (Prepare a single journal entry for this event. Record debits first, then credits. Exclude explanations from any journal entries.) Dato Accounts Debit Credit June Requirement 2. A T-account for Work-in-Process Inventory has been opened for you. Enter the beginning balance "Beg. Bal." on the first line of the T-account. Post the June activity, including the journal entry made in Requirement 1, using the appropriate descriptions as posting references. Compute the ending balance "Bal" in the Work-in-Process Inventory account on June 30. (Abbreviation used: MOH manufacturing overhead.) Work-in-Process Inventory X A Data Table $ 28,000 June 1 balance Direct materials used 26,000 36,000 Direct labor assigned to jobs Manufacturing overhead allocated to jobs 21,600 Print Done

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