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Zang Co. manufactures its products in a continuous process involving two departments, Machining and Assembly. Prepare journal entries to record the following transactions related to

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Zang Co. manufactures its products in a continuous process involving two departments, Machining and Assembly. Prepare journal entries to record the following transactions related to production during June: If an amount box does not require an entry, leave it blank. a. Materials purchased on account, $180,000 b. Materials requisitioned by: Machining, $73,000 direct and $9,000 Indirect materials; Assembly, $4,900 Indirect materials c. Direct labor used by Machining, $23,000; Assembly, 547,000. d. Depreciation expenses: Machining. $4,500; Assembly, $7,800 e. Factory overhead applied: Machining, 59,700; Assembly, $11,300. All work saved Email Instructor Submit Test for Grading e. Factory overhead applied: Machining, $9,700; Assembly, $11,300. f. Machining Department transferred $98,300 to Assembly Department; Assembly Department transferred $83,400 to finished goods. 9. Sold goods on account, $100,000, cost of goods sold, $68,000. dropdown dropdown

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