Individual job cost sheets

Individual job cost sheets - $6,000 of indirect materials...

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Individual job cost sheets The company may use any of the inventory costing methods (FIFO, LIFO, or average-cost) in costing the requisitions to the individual job cost sheets . Periodically, the company journalizes the requisitions. For example, if Wallace Manufacturing uses $24,000 of direct materials and
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Unformatted text preview: $6,000 of indirect materials in January, the entry is: Work in Process Inventory Manufacturing Overhead Raw Materials Inventory (To assign materials to jobs and overhead)...
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This note was uploaded on 12/25/2011 for the course ACCOUNTING ac 202 taught by Professor - during the Fall '11 term at Montgomery.

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