Question
Shown below are the job cost-related accounts for the law firm of Clark, Garcia, and Morton and their manufacturing equivalent table[[Law Firm Accounts,Manufacturing Company Accounts],[Supplies,Raw
Shown below are the job cost-related accounts for the law firm of Clark, Garcia, and Morton and their manufacturing equivalent\ \\\\table[[Law Firm Accounts,Manufacturing Company Accounts],[Supplies,Raw Materials],[Salaries Payable,Payroll Liabilities],[Operating Overhead,Manufacturing Overhead],[Work in Process,Work in Process Inventory],[Cost of Completed Work,Finished Goods Inventory]]\ Cost data for the month of March follow.\ Purchased supplies on account
$1,550
.\ Issued supplies of
$1,400
(
60%
direct and
40%
indirect).\ Time cards for the month indicated labour costs of
$61,300
(
80%
direct and
20%
indirect).\ Operating overhead costs incurred for cash totalled
$40,400
.
Shown below are the job cost-related accounts for the law firm of Clark, Garcia, and Morton and their manufacturing equivalen Cost data for the month of March follow. Shown below are the job cost-related accounts for the law firm of Clark, Garcia, and Morton and their manufacturing equivalen Cost data for the month of March follow
Shown below are the job cost-related accounts for the law firm of Clark, Garcia, and Morton and their manufacturing equivalent\ \\\\table[[Law Firm Accounts,Manufacturing Company Accounts],[Supplies,Raw Materials],[Salaries Payable,Payroll Liabilities],[Operating Overhead,Manufacturing Overhead],[Work in Process,Work in Process Inventory],[Cost of Completed Work,Finished Goods Inventory]]\ Cost data for the month of March follow.\ Purchased supplies on account
$1,550
.\ Issued supplies of
$1,400
(
60%
direct and
40%
indirect).\ Time cards for the month indicated labour costs of
$61,300
(
80%
direct and
20%
indirect).\ Operating overhead costs incurred for cash totalled
$40,400
.
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