Issuance of Materials On August 4, Keenan Company purchased on account 690 units of raw materials at $10 per unit. During August, raw materials were requisitioned for production as follows: 290 units for Job 40 at $6 per unit and 228 units for Job 42 at $10 per unit. Journalize the entry on August 4 to record the purchase. Aug. 4   fill in the blank          fill in the blank  Journalize the entry on August 31 to record the requisition from the materials storeroom. Aug. 31   fill in the blank          fill in the blank

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A: The statement of cost of goods sold includes the cost of goods that are sold during the period.

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A: Job costing is accounting which tracks the costs and revenues by "job" and enables standardized…

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Q: QUESTION 9

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A: Conversion costs=Factory overhead applied+Direct Labor=$65,500+$44,600=$110,100

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A: Cost per unit for Jobs = Balance on the job cost sheets / No. of units

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A: Hi student Since there are multiple subparts, we will answer only first three subparts.

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A: Given: Cost of materials = $ 432,000 Conversion cost = $ 144,150 Transferred total cost = $ 553,750…

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A: Item Amount Rate per hour Direct labor hour Job 201 $4,420 $14 315.71 Job 202 2,210 14 157.86…

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A: The cost of goods manufactured includes the cost of all the goods produced during the year.

Q: do number 6-9

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