Present the journal entry for (a) usage of direct and indirect materials. (Record debits first,...
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Accounting
Present the journal entry for (a) usage of direct and indirect materials. (Record debits first, then credits. Explanations are not required.)
Accounts
Debit
Credit
(a)
Part 2
Present the journal entry for (b) manufacturing labour incurred.
Accounts
Debit
Credit
(b)
Part 3
Present the journal entry for (c) manufacturing overhead costs incurred.
Accounts
Debit
Credit
(c)
Part 4
Present the journal entry for (d) allocation of manufacturing overhead costs to jobs.
Accounts
Debit
Credit
(d)
Part 5
Present the journal entry for (e) cost of jobs completed and transferred to finished goods.
Accounts
Debit
Credit
(e)
Part 6
Present the journal entry for (f) cost of goods sold.
Accounts
Debit
Credit
(f)
Suzanne Corporation manufactures custom cabinets for kitchens. It uses a normal costing system with two direct-cost categories-direct materials and direct manufacturing labour-and one indirect cost pool, manufacturing overhead costs. It provides the following information for April 2021. (Click the icon to view the information for 2021.) The following information is also available for 2021. (Click the icon to view the additional information.) Required Information for 2021 Required system with two direct-cost categories-direct materials and direct es the following information for April 2021. Present journal entries for (a) usage of direct and indirect materials, (b) manufacturing labour incurred, (c) manufacturing overhead costs incurred, (d) allocation of manufacturing overhead costs to jobs, (e) cost of jobs completed and transferred to finished goods, and (f) cost of goods sold. (Assume the cost allocation base is direct labour hours.) Addtional information
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