Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. minstrel manufacturing uses a job order costing sy

Minstrel Manufacturing uses a job order costing system. During the month, Minstrel purchased $198,000 of...

70.2K

Verified Solution

Question

Accounting

Minstrel Manufacturing uses a job order costing system. During the month, Minstrel purchased $198,000 of raw materials on credit; issued materials to production of $195,000 of which $30,000 were indirect. Minstrel incurred a factory payroll of $150,000, of which $40,000 was indirect labor. Minstrel uses a predetermined overhead rate of 150% of direct labor cost. The journal entry to record indirect labor cost is:

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Write an exponential model given the two points 8 120 and 9 230 C The...

Algebra
Q

Which of the following concepts is consistent with the idea that the Earth is altered...

Biology
Q

Q 8 Moderate O Apgh 4 1 A triangular lamina of area A and heigh...

Physics
Q

Shown in the figure is a shell made of a conductor It has inner radius...

Physics
Q

Does the composition of functions display the commutative property Give an example of each case...

Algebra
Q

9 K M L 114

Algebra
Q

14 Required information E7-6 through E7-10. [The following information applies to the questions displayed below)...

Accounting
Q

Grouper Computer Concepts has three operational units and two support units. Information on the departments...

Accounting
Q

whats accounts? On April 1, Year 1, a...

Accounting
Q

Determine the present value of an annuity due of $2,500 weekly for 10 years discounted...

Finance
Q

Question 7 12.5 pts Given an EAR of 8.9 percent and compounding period of semi-annual,...

Finance
Q

4.2.1-5. Consider the following information on a call option: Sto = 52.23 X = 50...

Finance