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This entire page needs to be answered, thank you! Name UNIT 2 - Homework (ACE) #2 Problem 2 Captain Kirk's Cabinets makes custom cabinets for
This entire page needs to be answered, thank you!
Name UNIT 2 - Homework (ACE) #2 Problem 2 Captain Kirk's Cabinets makes custom cabinets for starships. They have the following material related data: Raw Materials inventory, beginning balance $98,000 Purchases of glue and nails 1,300 Purchases of oil for saws 670 Purchases of wood 57,000 In addition, $59,075 of wood and $890 of glue and nails were requisitioned and sent to the plant floor. Journalize the entries to record the transactions and post to the Raw Materials Inventory account. Date Accounts and Explanation Debit Credit 1. The ending balance of the Raw Materials Inventory account is 2. The amount of debits to Work in Process Inventory is 3. The amount of debits to Manufacturing Overhead - Control isStep by Step Solution
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