Problem 5

Problem #5-15 Points Prepare the journal entries for the transactions for the following transactions Raw materials issued to production, $19,000 ($15,000 direct and $4,000 indirect) a. b. Rent is incurred for the factory, $15,000 c. The company applies $19,000 of overhead to the jobs Production orders costing $100,000 are completed and tran sferred to the d. arehouse. Over-applied overhead of $1.000 is written off to Cost of Goods Sold