FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Uhtred Manufacturing had the following transactions in October:

  1. Purchased raw materials on account, $58,800.
  2. Used materials in production: $21,900 in the Mixing Department; $4,800 in the packaging Department; $920 in indirect materials.
  3. Incurred labor costs: $7,500 in the Mixing Department; $4,050 in the Packaging Department; $2,520 in indirect labor.
  4. Incurred manufacturing overhead costs: $9,540 in machinery depreciation; paid $2,890 for rent and paid for utilities at a cost of $1,920.

Prepare the journal entries for Uhtred Manufacturing.

Journal
Date Description Debit Credit
1      
1      
 
2      
2      
2      
2      
 
3      
3      
3      
3      
 
4      
4      
4      
 
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