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Wildhorse Manufacturing Company uses a job order cost system and keeps perpetual inventory records. June 1 Purchased raw materials for $ 2 4 , 4
Wildhorse Manufacturing Company uses a job order cost system and keeps perpetual inventory records.
June Purchased raw materials for $ on account.
Raw materials requisitioned by production:
Paid factory utilities, $ and repairs for factory equipment, $
Incurred $ of factory labor.
Time tickets indicated the following:
Applied manufacturing overhead to production based on a predetermined overhead rate of $ per direct labor hour worked.
Goods costing $ were completed in the factory and were transferred to finished goods inventory.
Goods costing $ were sold for $ on account.
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