Journal entry worksheet

$1$

$2$

$4$

$5$

$6$

$7$

$8$

$9$

$10$

$>$

Record the entry to assign costs of direct materials used.

Note: Enter debits before credits. Journal entry worksheet

$1$

$2$

$3$

$4$

$5$

$6$

$7$

$8$

$9$

$10$

Record the entry for indirect materials.

Note: Enter debits before credits.

$\backslash$table$[[$Transaction$,$General Journal,Debit,Credit$],[$b$(2).,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$ Journal entry worksheet

$1$

$2$

$3$

$4$

$5$

$6$

$7$

$8$

$9$

$10$

$>$

Record the entry to apply overhead at a rate of $125\%$ of direct labor cost.

Note: Enter debits before credits.

$\backslash$table$[[$Transaction$,$General Journal,Debit,Credit$],[$e$.,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$Prepare journal entries to record transactions a through $h.$

a$.$ Raw materials purchased on credit, $$118,000.$

b$.$ Direct materials used, $$46,500.$ Indirect materials used, $$20,800.$

c$.$ Direct labor used, $$43,000.$ Indirect labor used, $$17,000.($Record using Factory Wages Payable.$)$

d$.$ Paid cash for other actual overhead costs, $$9,375.$

e$.$ Applied overhead at the rate of $125\%$ of direct labor cost.

f$.$ Transferred cost of jobs completed to finished goods, $$91,000.$

g$.$ Sales of jobs on credit was $$130,000.$

h$.$ Cost of jobs sold was $$91,000.$

Journal entry worksheet

Record the entry for indirect labor used.

Note: Enter debits before credits.