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Author Question: Paulson Enterprises uses a job costing system. Record the following transactions in Paulson ... (Read 50 times)

bobbysung

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on: Jan 4, 2020
Paulson Enterprises uses a job costing system. Record the following transactions in Paulson Enterprises's general journal for the current month:
a) Purchased raw materials on account, $75,000.
b) Requisitioned $44,500 of direct materials and $7,000 of indirect materials for use in production.
c) Factory payroll incurred, $90,000; 80% direct labour, 20% indirect labour.
d) Recorded depreciation expense factory equipment $12,000, and other manufacturing overhead
of $42,100 (credit accounts payable).
e) Allocated manufacturing overhead costs based on 120% of direct labour cost.
f) Cost of completed production for the current month, $142,000.
g) Cost of finished goods sold, $115,000; selling price, $175,000 (all sales on account).
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
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Marked as best answer by bobbysung on Jan 4, 2020

ryrychapman11

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Reply #1 on: Jan 4, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bobbysung

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Reply 2 on: Jan 4, 2020
Excellent

Joy Chen

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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