Question: Hilburn Manufacturing Corporation had the following transactions for its job

Hilburn Manufacturing Corporation had the following transactions for its job order costing operation. Prepare general journal entries to record these transactions.
Jan. 1 Purchased materials on account, $17,000.
15 Issued direct materials to Job No. 104, $11,000.
20 Issued indirect materials (factory overhead), $5,000.
31 Incurred direct labor, Job No. 104, $9,000.
31 Incurred indirect labor (factory overhead), $2,500.
31 Incurred other indirect costs (factory overhead; credit Accounts Payable), $2,000.




Sale on SolutionInn
Sales22
Views343
Comments
  • CreatedJune 07, 2014
  • Files Included
Post your question
5000