Question: help with two parts thanks :) Exercise 3-25 Basic Journal Entries in Job-Order Costing (LO 3-5) Finley Educational Products started and finished job number B67
help with two parts thanks :)


Exercise 3-25 Basic Journal Entries in Job-Order Costing (LO 3-5) Finley Educational Products started and finished job number B67 during June. The job required $4,700 of direct material and 30 hours of direct labor at $18 per hour. The predetermined overhead rate is $5 per direct-labor hour. Required: Prepare journal entries to record the incurrence of production costs and the completion of job number B67. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record the cost of the raw materials, direct-labor and manufacturing overhead costs applied to Job B67. Note: Enter debits before credits. Journal entry worksheet Record transfer of job costs from work in process to finished goods inventory. Note: Enter debits before credits
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