Refer to Exercise 11.15. Required: Prepare the journal entries for the month of June using backush costing,

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Refer to Exercise 11.15.
Required:
Prepare the journal entries for the month of June using backﬂush costing, assuming that Potter uses the sale of goods as the second trigger point instead of the completion of goods.

Exercise 11.15

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Cornerstones of Cost Management

ISBN: 978-1285751788

3rd edition

Authors: Don R. Hansen, Maryanne M. Mowen

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Question Posted: Sep 01, 2015 04:22 AM

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Refer to Exercise 11.15. Required: Prepare the journal entries for the month of June using backush costing,

Question:

Raw materials purchased Direct labor cost $243,000 40,500 202,500 263,250* Overhead cost Conversion cost applied

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Raw Materials and In Process Inventory 243000 Accounts Payable 243000 Convers...View the full answer

Cornerstones of Cost Management

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