Reference no: EM13547748
Tuscarora hardwoods, a custom manufacturer of furniture, uses job-order costing. the following transactions to support job mrs-55 for a custom meeting room set-a large table plus 16 chairs-occurred in january:
(a) purchased $10,000 of raw materials.
(b) issued $500 of supplies from raw-material inventory.
(c) purchased $7,000 of raw material.
(d) paid for the raw material purchased in transaction (a).
(e) issued $8,500 in raw material to the production department.
(f) incurred production labor costs of $12,500, which were credited to payroll payable.
(g) paid $23,250 cash for utilities, power, equipment maintenance, and miscellaneous items for the manufacturing plant.
(h) applied overhead on the basis of 185 percent of $8500 in material costs.
(i) recognized depreciation on manufacturing property, plant, and equipment of $6250. prepare journal entries to record these transactions
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: Applied overhead on the basis of 185 percent of $8500 in material costs - recognized depreciation on manufacturing property, plant, and equipment of $6250. prepare journal entries to record these transactions
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