I need help with these entries, please. Entries for Costs in a Job Order Cost Sy

Question

I need help with these entries, please.

Entries for Costs in a Job Order Cost System

GIA Co. uses a job order cost system. The following data summarize the operations related to production for August:

A. Materials purchased on account, $558,730. (a) Requires 2 Entries

B. Materials Requisitioned, $469,330 of which $61,010 was for general factory use. (b) Requires 3 entries

C. Factory Labor used $575,490, of which $109,340 was indirect. (c) Requires 3 entries

D. Other costs incurred on account were for factory overhead, $134,100; selling expenses, $206,730; and administrative Expenses, $122,920. (d) Requires 4 Entries

Explanation / Answer

I need help with these entries, please. Entries for Costs in a Job Order Cost Sy

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