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purchased 8,000 Raw material 1000 taken out for production $2750 manufacturing staff payroll Company completed the manufacturing process finishing 100 widgets started during the month.
purchased 8,000 Raw material
1000 taken out for production
$2750 manufacturing staff payroll
Company completed the manufacturing process finishing 100 widgets started during the month.
next month 1500 of Raw Material was taken out
$3850 manufacturing staff payroll
Company completed the manufacturing process finishing 200 widgets started during the month.
125 units were sold at $100 each. Company uses FIFO to record its inventory.
journal entries?
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