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Milton Inc. uses job order costing. When $100,000 of materials are requisitioned, of which $70,000 are for jobs and $30,000 are for general factory use,
Milton Inc. uses job order costing. When $100,000 of materials are requisitioned, of which $70,000 are for jobs and $30,000 are for general factory use, what entries should be made in the general ledger? Materials inventory Work in process 70,000 Factory overhead 30,000 70,000 30.000 ts Materials inventory 30,000 70.000 Work in process 30,000 Factory overhead 70,000 Materials inventory Factory overhead 100,000 Materials inventory Work in process 100,000 100,000 100,000
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