Selected information from Hernandez Corporation shows the following:

Prepare journal entries to record the following:

A. Raw material purchased

B. Direct labor incurred

C. Depreciation expense (hint: this is part of manufacturing overhead)

D. Raw materials used

E. Overhead applied on the basis of $0.50 per machine hour

F. The transfer from department 1 to department 2

Transcribed Image Text:

Raw materials purchased Direct materials Direct labor Factory depreciation Total manufacturing overhead incurred Machine hours per month Predetermined OH rate Unit cost for material Units conversion Number units transferred $11,000 $25,000 $75,000 $13,000 $20,000 12,000 $ 1.20 $ 9 5 15,000