Question
Problem Series: Entries for Costs in a Job Order Cost System Churchill Co. uses a job order cost system. The following data summarize the operations
Problem Series: Entries for Costs in a Job Order Cost System Churchill Co. uses a job order cost system. The following data summarize the operations related to production for November: Materials purchased on account. Materials requisitioned, of which was for general factory use. Factory labor used, of which was indirect. Other costs incurred on account for factory overhead, selling expenses, and administrative expenses. Prepaid expenses expired for factory overhead were for selling expenses, ; and for administrative expenses, . Depreciation of office building was of office equipment, ; and of factory equipment, . Factory overhead costs applied to jobs. Jobs completed. Cost of goods sold. Instructions: Journalize the entries to record the summarized operations.
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