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Business, 18.07.2019 04:20 akatherine1738
Minstrel manufacturing uses a job order costing system. during one month, minstrel purchased $198,000 of raw materials on credit; issued materials to production of $195,000 of which $30,000 were indirect. minstrel incurred a factory payroll of $150,000, of which $40,000 was indirect labor. minstrel uses a predetermined overhead rate of 150% of direct labor cost. the journal entry to record the issuance of materials to production is:
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Minstrel manufacturing uses a job order costing system. during one month, minstrel purchased $198,00...
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