Prepare journal entries to record the following production activities for Hotwax. 1. Incurred $95,000 of direct...

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Prepare journal entries to record the following production activities for Hotwax. 1. Incurred $95,000 of direct labor in its Mixing department and $95,000 of direct labor in its Shaping department (credit Factory Wages Payable). 2. Incurred indirect labor of $21,500 (credit Factory Wages Payable). 3. Total factory payroll of $211,500 was paid in cash. View transaction let Journal entry worksheet Record direct labor used, but not yet paid. Note: Enter debits before credita. Transaction General Journal Debit Credit 1. Prey 11 of 12 Next Vlew transaction list Journal entry worksheet 3 Record direct labor used, but not yet paid. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general Journal wwwwww View transaction list Journal entry worksheet 2 3 Record indirect labor used, but not yet paid. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal < Prev 11 of 12 Next > ... View transaction list Journal entry worksheet Record payment of total factory payroll. Note: Enter debits before credits. Transaction General Journal Debit Credit 3. Record entry Clear entry View general Journal Prepare journal entries to record the following production activities for Hotwax. 1. Incurred $95,000 of direct labor in its Mixing department and $95,000 of direct labor in its Shaping department (credit Factory Wages Payable). 2. Incurred indirect labor of $21,500 (credit Factory Wages Payable). 3. Total factory payroll of $211,500 was paid in cash. View transaction let Journal entry worksheet Record direct labor used, but not yet paid. Note: Enter debits before credita. Transaction General Journal Debit Credit 1. Prey 11 of 12 Next Vlew transaction list Journal entry worksheet 3 Record direct labor used, but not yet paid. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general Journal wwwwww View transaction list Journal entry worksheet 2 3 Record indirect labor used, but not yet paid. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal < Prev 11 of 12 Next > ... View transaction list Journal entry worksheet Record payment of total factory payroll. Note: Enter debits before credits. Transaction General Journal Debit Credit 3. Record entry Clear entry View general Journal

Answer rating: 100% (QA)

Answer Transaction Account Titles and Explanation Debit Credit 1 Workinprocess inventory Mi... View the full answer