Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for...
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Accounting
Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for direct labor usage is:
Direct materials used$91,000
Direct labor used 164,000
Predetermined overhead rate (based on direct labor) 160%
Goods transferred to finished goods 436,000
Cost of goods sold 448,000
Credit sales 814,000
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