Use the following data to prepare journal entries (use normal costing): Direct materials used Direct labor...

 

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Use the following data to prepare journal entries (use normal costing): Direct materials used Direct labor OH allocated @ 150% of DLS $15 $20 $80 $10 $15 Cost of goods manufactured Work in process ending Finished goods ending Cost of goods sold Actual OH Also, close out under or over allocated OH to COGS. $70 $31 Use the following data to prepare journal entries (use normal costing): Direct materials used Direct labor OH allocated @ 150% of DLS $15 $20 $80 $10 $15 Cost of goods manufactured Work in process ending Finished goods ending Cost of goods sold Actual OH Also, close out under or over allocated OH to COGS. $70 $31

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Workinprogress To Raw materials Account Head Being Direct materials used for ... View the full answer