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Problem

Keira's Kitchen uses a job order costing system.

8-1 Viola Davis orders a custom break front.
8-2 factory orders 20 yards of lumber for $100 per yard.
8-2-8-10 Factory works on break front

Direct labor 70 hours at $50 per hour.

Manufacturing overhead is allocated based on direct labor hours. The predetermined overhead rate is $30 per hour.

8-11 The breakfront is finished and transferred to the showroom.
8-12 The breakfront is delivered to Viola Davis and she is billed $40,000.

Required Prepare the appropriate journal entries and post them to the ledger.

Computer Engineering, Engineering

  • Category:- Computer Engineering
  • Reference No.:- M92723188

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