Bundle: College Accounting, Chapters 1-15, 22nd + Study Guide with Working Papers + CengageNOWv2™, 1 term Printed Access Card
Bundle: College Accounting, Chapters 1-15, 22nd + Study Guide with Working Papers + CengageNOWv2™, 1 term Printed Access Card
22nd Edition
ISBN: 9781337379762
Author: James A. Heintz, Robert W. Parry
Publisher: Cengage Learning
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Chapter 26, Problem 3SEA

JOURNAL ENTRIES FOR MATERIAL, LABOR, AND OVERHEAD Hilburn Manufacturing Corporation had the following transactions for its job order costing operation. Prepare general journal entries to record these transactions.

Jan.    1 Purchased materials on account, $17,000.
    15 Issued direct materials to Job No. 104, $11,000.
    20 Issued indirect materials (factory overhead), $5,000.
    31 Incurred direct labor, Job No. 104, $9,000.
    31 Incurred indirect labor (factory overhead), $2,500.
    31 Incurred other indirect costs (factory overhead; credit Accounts Payable), $2,000.
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Bundle: College Accounting, Chapters 1-15, 22nd + Study Guide with Working Papers + CengageNOWv2™, 1 term Printed Access Card

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