week 7 E3-25 - job number B67(Omit the"$" sign in...

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Exercise 3-25 Job-Order Costing Basics (LO 5) Finley Educational Products started and finished job number B67 during June. The job required $4,750 of direct material and 42 hours of direct labor at $19 per hour. The predetermined overhead rate is $5 per direct-labor hour. Required: Prepare journal entries to record the incurrence of production costs and the completion of
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Unformatted text preview: job number B67. (Omit the "$" sign in your response.) General Journal Debit Credit 1. Work-in-process inventory 5,758 Raw-material inventory 4,750 Wages payable 798 Manufacturing overhead 210 2. Finished-goods inventory 5,758 Work-in-process inventory 5,758...
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week 7 E3-25 - job number B67(Omit the"$" sign in...

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