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Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275 Exercise 29
Prepare journal entries to record the following production activities.
1. Purchased $80,000 of raw materials on credit.
2. Used $42,000 of direct materials in production.
3. Used $22,500 of indirect materials in production.
1. Purchased $80,000 of raw materials on credit.
2. Used $42,000 of direct materials in production.
3. Used $22,500 of indirect materials in production.
Explanation
Verified
Verified
Process costing
Process costing is used...
Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
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