FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Uhtred Manufacturing had the following transactions in October:
- Purchased raw materials on account, $58,800.
- Used materials in production: $21,900 in the Mixing Department; $4,800 in the packaging Department; $920 in indirect materials.
- Incurred labor costs: $7,500 in the Mixing Department; $4,050 in the Packaging Department; $2,520 in indirect labor.
- Incurred
manufacturing overhead costs: $9,540 in machinerydepreciation ; paid $2,890 for rent and paid for utilities at a cost of $1,920.
Prepare the
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