help Journal entry worksheet<1Record Oak Creek Furniture Factory's payroll costs. Assume the direct labor isowed but not paid.Note: Enter debits before credits.TransactionbRecord entry32Journal entry worksheetTransactionCGeneral JournalNote: Enter debits before credits.Clear entryRecord the application of manufacturing overhead to production.DebitGeneral JournalDebitCreditView general journalCredit cesOak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the cost of each customer order.On March 1, OCFF had two jobs in process with the following costs:Balance on3/1$ 5,7004,200$ 9,900Source documents revealed the following during March:Work in ProcessJob 33Job 34MaterialsRequisitionsFormsLabor TimeTickets$ 4,7003,9003,2002,000$ 13,800The company applies overhead to products at a rate of 55 percent of direct labor cost.Job 33Job 34Job 35Indirect$ 2,3003,7003,5001,100$10,600Required:Prepare journal entries to record the materials requisitions, labor costs, and applied overhead.Note: If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.Journal entry worksheet12Status of Job at Month-EndCompleted and soldCompleted, but not soldIn process3TransactionRecord the issuance of raw materials to production.Note: Enter debits before credits.General JournalDebitCredit

Name: help Journal entry worksheet<1Record Oak Creek Furniture Factory's pay
Uploaded: 2024-03-20T06:32:49.000Z
Channel: Bartleby
Description: help Journal entry worksheet<1Record Oak Creek Furniture Factory's payroll costs. Assume the direct labor isowed but not paid.Note: Enter debits before credits.TransactionbRecord entry32Journal entry worksheetTransactionCGeneral JournalNote: Enter de