10026_021910_96 - 53,280 MKT & Admin. Exp. 80,000 Cash...

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Journal Entries for Green Handout Materials Control 60,000 Accounts Payable 60,000 WIP Control 54,000 Materials Control 54,000 OH Control 7,000 Materials Control 7,000 WIP Control 72,000 Wages Payable 72,000 WIP Control 86,400 OH Allocated 86,400 OH Control 29,000 Wages Payable 29,000 OH Control 53,280 Various Accounts
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Unformatted text preview: 53,280 MKT & Admin. Exp. 80,000 Cash 80,000 FG Control 130,400 WIP Control 130,400 COGS 120,240 FG Control 120,240 Cash 230,000 Sales 230,000 OH Allocated 86,400 COGS 2,880 OH Control 89,280 (closes account) *Never need to adjust COGS in actual costing!...
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This note was uploaded on 08/25/2010 for the course ACCT 327 taught by Professor Gillespie,j during the Spring '08 term at University of Delaware.

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