The selected data that follow relate to the Berger Furniture Company. Direct material purchased .........................................$160,000 Direct material
Question:
The selected data that follow relate to the Berger Furniture Company.
Direct material purchased .........................................$160,000
Direct material used .....................................................79,000
Direct labor .................................................................179,000
Manufacturing overhead incurred...............................100,000
Manufacturing overhead applied ..................................90,000
During the year, products costing $310,000 were completed, and products costing $316,000 were sold for $455,000.
Required:
Prepare journal entries to record the preceding transactions and events.
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Related Book For
Government and Not for Profit Accounting Concepts and Practices
ISBN: 978-1118155974
6th edition
Authors: Michael H. Granof, Saleha B. Khumawala
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