Question: Refer to the data provided in Exercise 10-35. Required: 1. Prepare a journal entry for the purchase of raw materials. 2. Prepare a journal entry

Refer to the data provided in Exercise 10-35.

Required:
1. Prepare a journal entry for the purchase of raw materials.
2. Prepare a journal entry for the issuance of raw materials.
3. Prepare a journal entry for the addition of labor toWork in Process.
4. Prepare a journal entry for the closing of variances to Cost of Goods Sold.

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