Question

For E prepare any journal entries that would have been different if the only trigger points had been the purchase of materials and the sale of finished goods.
In E,
a. Purchased raw materials, on account, $70,000.
b. Requisitioned raw materials to production, $70,000.
c. Distributed direct labor costs, $15,000.
d. Factory overhead costs incurred $45,000. (Use Various Credits for the account in the credit part of the entry.)
e. Completed all of the production started.
f. Sold the completed production for $195,000, on account.


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  • CreatedMarch 31, 2015
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