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On Feb 1 st 2 0 2 4 Wilma s Wedding Cake Company orders and receives $ 2 3 , 4 5 0 in Direct
On Feb st Wilmas Wedding Cake Company orders and receives $ in Direct Materials and pays cash. a
Wilmas Wedding Cakes has the following Job Order Cost Sheet for Customer # s Wedding Cake Order:
b Direct Materials $
Direct Labor $
d Manufacturing Overhead $
Record all the entries in the Journal and update the WIP Account for # for the following entries:
a The purchase of the Direct Materials
bd The costs for Job #
e Assume the cake is finished and transferred to Finished Goods
f The customer picks up the cake and pays Winsome $ for the Wedding Cake
What is the Gross Profit on The Wedding Cake for Wilma?
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