Journalize the following entries. Also complete a job cost sheet with labels and amounts on the job cost sheets. A company completed products M9 and N10 during June.

1. Used raw materials for Jobs M9 and N10

2. Factory labor was used for Jobs M9 and N10

3. Overhead was applied to both jobs, 160% of direct labor cost

4. Completed Job M9 and transferred it to the sales floor.

Direct Materials for M9: $269

Direct Labor M9: $1,894

number of units M9: 71

Direct Materials N10: $2,228

Direct Labor N10: $2,885

number of units N10: 115

Answer rating: 100% (QA)

1 Jour... View the full answer