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ebook Calculator Print Item A summary of material requisition slips and time tickets, along with the overhead allocation, sho
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Answer #1
a.
Journal entry to record assignment of direct materials
Date General Journal Debit Credit
Work in process inventory $1,555
     Raw material $1,555
(To record direct materials used)
b.
Date General Journal Debit Credit
Work in process inventory $1,040
    Factory wages $1,040
(To record direct labor used in production)
c.
Date General Journal Debit Credit
Work in process inventory $276
   Manufacturing overhead $276
(To record manufacturing overhead assigned to WIP)
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