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jonaschem16 jonaschem16
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A year ago

Buckovitch Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just completed year:

Raw materials purchased on account$ 482,000
Raw materials (all direct) requisitioned for use in production$ 478,000
Direct labor cost$ 576,000
Manufacturing overhead:
Indirect labor cost$ 136,000
Other manufacturing overhead costs incurred$ 414,000
Cost of goods manufactured$1,565,000
Cost of goods sold (unadjusted)$1,513,000


Required:
a. What is the journal entry to record raw materials used in production?
b. What is the journal entry to record the direct and indirect labor costs incurred during the year?
c. What is the journal entry to record the transfer of completed goods from Work in Process to Finished Goods?
d. What is the journal entry to record the unadjusted cost of goods sold?

Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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cblack14cblack14
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