C. f. Purchased direct raw materials worth IDR 25,000,000 and indirect raw materials worth IDR 5,000,000 on credit. The company only uses the Raw Materials Inventory Account to record the purchase and use of direct materials and indirect materials The following is the use of direct and indirect raw materials during June 2018 Rp 23.000.000 Rp 3.500.000 Direct raw materials.. Indirect raw materials. Salary expenses payable in June 2018 amounting to Rp. 100,000,000 The allocation for June salary expenses is as follows. Direct labor Indirect labor Sales Employee :Rp60.000.000 Rp10.000.000 :Rp20.000.000 :Rp10.000.000 Administration employee Factory overhead costs paid in cash during June 2018 amounted to Rp 20,000,000 Work in progress which have completed their production process in June 2018 amounting to Rp 95,000,000 Finished goods sold during June 2018 valued at Rp. 80,000,000. The selling price is 120 percent of the cost of finished goods. Sales are made on credit I
C. f. Purchased direct raw materials worth IDR 25,000,000 and indirect raw materials worth IDR 5,000,000 on credit. The company only uses the Raw Materials Inventory Account to record the purchase and use of direct materials and indirect materials The following is the use of direct and indirect raw materials during June 2018 Rp 23.000.000 Rp 3.500.000 Direct raw materials.. Indirect raw materials. Salary expenses payable in June 2018 amounting to Rp. 100,000,000 The allocation for June salary expenses is as follows. Direct labor Indirect labor Sales Employee :Rp60.000.000 Rp10.000.000 :Rp20.000.000 :Rp10.000.000 Administration employee Factory overhead costs paid in cash during June 2018 amounted to Rp 20,000,000 Work in progress which have completed their production process in June 2018 amounting to Rp 95,000,000 Finished goods sold during June 2018 valued at Rp. 80,000,000. The selling price is 120 percent of the cost of finished goods. Sales are made on credit I
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The following are transactions that occurred at PT Manufaktur Indonesia during June 2018
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Make journal entries to record transactions that occurred at PT Manufaktur Indonesia during June 2018
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