Business, 13.05.2020 07:57 KalistaBab

Larned Corporation recorded the following transactions for the just completed month. a. $74,000 in raw materials were purchased on account. b. $72,000 in raw materials were requisitioned for use in production. Of this amount, $62,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $115,500 were incurred. Of this amount, $100,400 was for direct labor and the remainder was for indirect labor. d. Additional manufacturing overhead costs of $196,000 were incurred.

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Larned Corporation recorded the following transactions for the just completed month. a. $74,000 in r...

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