Lancaster Company recorded the following transactions for the just-com.docx
Lancaster Company recorded the following transactions for the just-completed month: a. $46 , 300 in raw materials was purchased on account. b. $131 , 500 in raw materials was requisitioned for use in production. Of this amount, $75 , 200 was for direct materials and the remainder was for indirect materials. c. Total labour wages of $219 , 800 were incurred. Of this amount, $188 , 850 was for direct labour and the remainder was for indirect labour. d. Additional manufacturing overhead costs of $198 , 750 were incurred. Required: Record the above transactions in journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet 4 $46 , 300 in raw materials was purchased on account. Note: Enter debits before credits. .
Lancaster Company recorded the following transactions for the just-com.docx
Lancaster Company recorded the following transactions for the just-completed month: a. $46 , 300 in raw materials was purchased on account. b. $131 , 500 in raw materials was requisitioned for use in production. Of this amount, $75 , 200 was for direct materials and the remainder was for indirect materials. c. Total labour wages of $219 , 800 were incurred. Of this amount, $188 , 850 was for direct labour and the remainder was for indirect labour. d. Additional manufacturing overhead costs of $198 , 750 were incurred. Required: Record the above transactions in journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet 4 $46 , 300 in raw materials was purchased on account. Note: Enter debits before credits. .
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Lancaster Company recorded the following transactions for the just-com.docx
- 1. Lancaster Company recorded the following transactions for the just-completed month: a. $46 , 300 in raw materials was purchased on account. b. $131 , 500 in raw materials was requisitioned for use in production. Of this amount, $75 , 200 was for direct materials and the remainder was for indirect materials. c. Total labour wages of $219 , 800 were incurred. Of this amount, $188 , 850 was for direct labour and the remainder was for indirect labour. d. Additional manufacturing overhead costs of $198 , 750 were incurred. Required: Record the above transactions in journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet 4 $46 , 300 in raw materials was purchased on account. Note: Enter debits before credits.