JOURNAL ENTRIES FOR MATERIAL, LABOR, AND OVERHEAD Eto Manufacturing had the following transactions during the month: (a)

Question:

JOURNAL ENTRIES FOR MATERIAL, LABOR, AND OVERHEAD Eto Manufacturing had the following transactions during the month:

(a) Purchased raw materials on account, $70,000.

(b) Issued direct materials to Job No. 300, $25,000.

(c) Issued indirect materials to production, $10,000.

(d) Paid biweekly payroll and charged direct labor to Job No. 300, $8,000.

(e) Paid biweekly payroll and charged indirect labor to production, $3,000.

(f) Issued direct materials to Job No. 301, $20,000.

(g) Issued indirect materials to production, $4,000.

(h) Paid miscellaneous factory overhead charges, $6,000.

(i) Paid biweekly payroll and charged direct labor to Job No. 301, $10,000.

(j) Paid biweekly payroll and charged indirect labor to production, $2,000.

REQUIRED

Prepare general journal entries for transactions (a) through (j).

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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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