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Prepare journal entries to record the following production activities for Hotwax. a. Requisitioned $12.900 of indirect materials for use in production of surfboard wax.
Prepare journal entries to record the following production activities for Hotwax. a. Requisitioned $12.900 of indirect materials for use in production of surfboard wax. b. Incurred $208,000 in actual other overhead costs (paid in cash). c. Applied overhead at the rate of 145% of direct labor costs. Direct labor costs were $110,000 in the Mixing department am $85,000 in the Shaping department. View transaction list Journal entry worksheet 1 2 3 Requisitioned $12,900 of indirect materials for use in production of surfboard wax. Note: Enter debits before credits. Transaction General Journal Debit Credit >
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