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Prepare entries in a P3.40 (L.o2. 3, 4. S, 6) For the year ended December 31, 2020, the job cost sheets of Mazzone Company contained

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Prepare entries in a P3.40 (L.o2. 3, 4. S, 6) For the year ended December 31, 2020, the job cost sheets of Mazzone Company contained the following data: job-order cost system and a partial income statement Direct Materials $18.000 Direct Manufacturing Total Job NumberE Labour $20,000 36,000 Costs 63,000 113,000 48,000 120,000 Explanation Balance 1/1 Current year's Overhead $25,000 45,000 7650 7651 Balance 1/1 16,000 40,000 12.000 20,000 Current year's costs 30,000 50,000 7652 35,000 68,000 85,000 188,000 Current year's costs

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