Record the following transactions in the Journal and post them to the ledger. Gillian's gown's received...
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Record the following transactions in the Journal and post them to the ledger. Gillian's gown's received an order for a silk gown from Malie Mills on June 1st June 1st: Factory requisitions 10 yards of silk from the factory. The silk costs $100 per yard Between June 1st and June 5th, the factory works on the gown: 20 hours of direct labor is charged at $40 per hour Manufacturing overhead is allocated to jobs based on direct labor hours. The predetermined overhead rate is $25 per hour. June 6th. The gown is finished and sent to the showroom. June 7th: The gown is delivered to Malie Mills. Malie Mills is billed $10,000 Record the following transactions in the Journal and post them to the ledger. Gillian's gown's received an order for a silk gown from Malie Mills on June 1st June 1st: Factory requisitions 10 yards of silk from the factory. The silk costs $100 per yard Between June 1st and June 5th, the factory works on the gown: 20 hours of direct labor is charged at $40 per hour Manufacturing overhead is allocated to jobs based on direct labor hours. The predetermined overhead rate is $25 per hour. June 6th. The gown is finished and sent to the showroom. June 7th: The gown is delivered to Malie Mills. Malie Mills is billed $10,000
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