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Prepare journal entries for each of the following transactions. 1. A company uses job-order costing. That company uses $25,000 of raw materials from the materials
Prepare journal entries for each of the following transactions. 1. A company uses job-order costing. That company uses $25,000 of raw materials from the materials storeroom when producing Job A. All of these raw materials are direct materials. 2.A company uses job-order costing. That company puts the finishing touches on $200,000 worth of items that were previously in the middle of production, thus making them ready to sell. 3.A company uses process costing and bakes cookies. The manufacturing process consists of two departments, baking and sprinkling. That company transfers $50,000 of cookies from the baking department into
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