North Country Industries manufactures Adirondack chairs. The company reported the following costs for June 2020. Item Cost Wood $164,630 Nails, glue, stain $14,290 Indirect manufacturing labor $40,640 Depreciation on skill saws $4,720 Depreciation on delivery truck $2,010 Assembly-line workers wages $

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Chapter1: Financial Statements And Business Decisions
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North Country Industries manufactures Adirondack chairs. The company reported the following costs for June 2020.

Item Cost
Wood $164,630
Nails, glue, stain $14,290
Indirect manufacturing labor $40,640
Depreciation on skill saws $4,720
Depreciation on delivery truck $2,010
Assembly-line workers wages $49,960

 

Prepare the journal entries for the overhead costs incurred. Assume labor has been incurred by not yet paid. Record the entries in the order they appear in the chart above.

Journal
Date Description Debit Credit
June 30      
June 30      
 
June 30      
June 30      
 
June 30      
June 30      
 
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