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SHOW ALL WORK FOR COMPUTATIONS Ricardo Industries makes parking attendance apparel and has been in business for over 30 years. During September, Ricardo completed the
SHOW ALL WORK FOR COMPUTATIONS
Ricardo Industries makes parking attendance apparel and has been in business for over 30 years. During September, Ricardo completed the following transactions.
Sept 1 Direct materials costing $59,400 were purchased on account.
3 Direct materials costing $26,850 were requested into production (all were used on Job A).
Indirect materials were purchased for cash, $22,830.
The company issued checks for the following manufacturing overhead costs: Utilities, $4,310; manufacturing insurance, $1,925; and repairs, $4,640
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