The following journal entries are recorded in Kiesha Co.'s process costing system. Kiesha produces apparel and accessories.
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Raw Materials Inventory.... Accounts Payable a. 52,000 42,000 32,000 d. Factory Overhead. e. Factory Overhead. f. Factory Overhead. 6,000 ay Pll Pasin... 6,000 2,000 2,000 Raw Materials Inventory 10,000 Factory Payroll Payable 38,000 33,600 88,000 250,000 00,000 g. Cash 38,000 33,600 88,000 250,000 100,000 Factory Overhead. Finished Goods Inventory Accounts Receivable. Sales Goods Inventory
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a Purchased raw materials on credit at a cost of 52000 b Use...View the full answer
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