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Starr Company shows the following information for the month. Raw materials purchased on credit $ 79,400 Direct materials used $ 51,800 Direct labor used $
Starr Company shows the following information for the month.
| Raw materials purchased on credit | $ 79,400 | |
|---|---|---|
| Direct materials used | $ 51,800 | |
| Direct labor used | $ 21,050 | |
| Overhead rate | 130% | of direct labor cost |
Prepare journal entries to record the following.
- Raw materials purchased.
- Direct materials used.
- Direct labor used.
- Applied overhead.
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Cost Accounting Planning And Control
Authors: Adolph Matz, Milton F. Usry
10th Edition
0538809256, 978-0538809252
