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Saved nect.mheducation.com% Help Save & Exit Submit Check my work Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to
Saved nect.mheducation.com% Help Save & Exit Submit Check my work Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the cost of each customer order On March 1, OCFF had two jobs in process with the following costs: Work in Process Balance on 3/1 Job 33 Job 34 $5,900 3,900 $9,800 Source documents revealed the following during March: Materials Requisitions Forms $ 3,300 Labor Time Tickets $ 5,200 Completed and sold Job 33 Job 34 2,000 Job 35 Indirect 4,600 800 $10,700 Status of Job at Month-End 4,800 Completed, but not sold 2,900 In process 2,700 $ 15,600 The company applies overhead to products at a rate of 65 percent of direct labor cost Required: Prepare Journal entries to record the materials requisitions, labor costs, and applied overhead. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list
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