Question: use the below information to complete a journal entry 213) Hardigree Corporation uses a job-order costing system. The following data relate to the just completed

use the below information to complete a journal entry

213) Hardigree Corporation uses a job-order costing system. The following data relate to the just completed month's operations

Beginning balance in Work in Process $ 36,000 (1) Raw materials purchased on account $207,000 (2) Direct materials requisitioned for use in production $161,000 (3) Indirect materials requisitioned for use in production $ 42,000 (4) Direct labor wages incurred $ 87,000 (5) Indirect labor wages incurred $101,000 (6) Depreciation recorded on factory equipment $ 42,000 (7) Additional manufacturing overhead costs incurred $ 57,000 (8) Manufacturing overhead costs applied to jobs $219,000 (9) Cost of jobs completed and transferred from Work in Process to Finished Goods $403,000

use the below information to complete a journal entry 213) Hardigree Corporation

Beginning balance in Work in Process 36,000 (1) Raw materials purchased on account $207,000 (2) Direct materials requisitioned for use in production $161,000 (3) Indirect materials requisitioned for use in production $42,000 (4) Direct labor wages incurred 87,000 (5) Indirect labor wages incurred $101,000 (6) Depreciation recorded on factory equipment \$ 42,000 (7) Additional manufacturing overhead costs incurred $57,000 (8) Manufacturing overhead costs applied to jobs \$219,000 (9) Cost of jobs completed and transferred from Work in \$403,000 Process to Finished Goods

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!