KL Company Uses a Job Order Costing System

Essay

KL Company uses a job order costing system.During the month of July,the following events occurred:
(a)Purchased raw materials on credit,$32,000.
(b)Raw materials requisitioned: $25,800 as direct materials and $10,500 indirect materials.
(c)Recorded the factory payroll totaling $37,700,which includes $8,200 indirect labor,to jobs and overhead.
Make the necessary journal entries to record the above transactions and events.