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Lott Company uses a job order cost system and applies overhead to production on the basis of direct labor costs. PA (V) por proti on

Lott Company uses a job order cost system and applies overhead to production on the basis of direct labor costs. image text in transcribed
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PA (V) por proti on bup! had become During the months Stands Up The 2 Trac ...the BET Direct Prepare the journal entries to record (1) the purchase of raw materials (2) the factory labur old 3) the manufacturing overhead costs acred during the month of January No. Account Titles and Explanation Debit Credit Prepare the journal entries to record the assignment of (1) direct materials. (2) direct labor and (3) manufacturing overhead costs to production. In assigning manufacturing overhead costs, use the overhead rabe called in account titles are automatically indented when amount is entered. Do not indent manually) No. Account Titles and Explanation Debat Credit 2 (3) Your answer is crude fry aan Opob cost sheets for las 50, 51, and 52 Enter the January 1 balance on the job cost sheet for Job 50. Post all costs to the Job No. 50 Direct Materials Direct Labor Date Manufacturing Overhead Bu nda Capta Direct labor Bob No. 51 Direct Materials Direct Labor Manufacturing Overhead bono Job No. 52 Date Direct Materials Direct Labor Manufacturing Overhead Nepare the journal entry to record the completion of any ob(s) during the month. (Credit account titles Dubit Credit Account Titles and Explanation Your answer. Try aga Be the journat entries to record the sale of any obs) during the month. (discount est No. Account Titles and Explanation Dubit Credit to record of Tabs) II II Your ancoflry. What the balance in the Fish Goods Inventory account at the end of the month? What does this balance Finished Goodnoty Your Try again What is amount of over de unde applied overhad? Manufacturing Ovad Click it you would like to Show Work for this questioni

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