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April 16, 2014

Homework Help: accounting

Posted by Anonymous on Saturday, December 10, 2011 at 3:18am.

RC Corp. uses a job order cost accounting system. During the month of April, the following events occurred:
(a) Purchased raw materials on credit, $32,000.
(b) Raw materials requisitioned: $25,800 as direct materials and $10,500 indirect materials.
(c) Paid factory payroll for the month totaling $37,700 which includes $8,200 indirect labor.
(d) Assigned the factory payroll to jobs and overhead.
Make the necessary journal entries to record the above transactions and events. (Use letters above as dates.

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