Asked by Robyia Spriggins on May 11, 2024
Verified
Journalize the entry to record the use of materials and labor, based on the following:
Raw materials issued: Job 609, $850; for general use in factory, $600
Labor time tickets: Job 609, $1,600; $400 for supervision
Raw Materials Issued
The total raw materials moved from inventory for use in production.
Labor Time Tickets
Documents used to track the amount of time an employee spends on different tasks, facilitating accurate labor cost allocation.
Supervision
The act of overseeing work performance and activities to ensure that goals are met and policies are followed.
- Keep a record of transactions pertaining to the purchase, use, and allocation of materials in a job order costing environment.
Verified Answer
GH
Learning Objectives
- Keep a record of transactions pertaining to the purchase, use, and allocation of materials in a job order costing environment.
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