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Prepare the journal entry to record the overhead cost applied to production. (if no entry is required for a transaction/event, select No journal entry required
Prepare the journal entry to record the overhead cost applied to production. (if no entry is required for a transaction/event, select No journal entry required in the first account field.)
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Saved 2 ? June 1-balance Materials Direct labour Overhead June 30-balance Work in Process-Mixing Department $ 27,000 Completed and transferred to finished goods 151, 100 95,500 113,000 ? of 15 The June 1 work in process inventory consisted of 4.400 kilograms with $14.100 in materials cost and $12,900 in conversion cost. The June 1 work in process inventory was 100% complete with respect to materials and 60% complete with respect to conversion. During June, 36,900 kilograms were started into production. The June 30 work in process inventory consisted of 8,800 kilograms that were 100% complete with respect to materials and 50% complete with respect to conversion. Ded 2. Prepare the journal entry to record the overhead cost applied to production. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet A Record the overhead cost applied to production Tote: Enter debits before credits Transaction Genreal Journal Debit Credit 1Step by Step Solution
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