Question

please help this is so hard

Required Information Problem 20-1A Production cost flow and measurement; journal entries LO P1, P2, P3, P4 The following information applies to the questions displayed below] Slerra Company manufactures woven blankets and accounts for product costs using process costing. Data below are for one of Its processing departments. The following information is available regarding its May Inventories Ending Beginning Inventory Inventory Raw materials inventory Work in process inventory Finished goods inventory se, eee s 410,eee 621,eee 15, eee 6e5, eee 599,eee The following additional Information describes the company's production activitles for May Raw materials purchases (on credit) 26e,eee 1,553,000 Factory wages cost (paid in cash) Other overhead cost (Other Accounts credited) 125,eee Materials used Direct 213,eee Indirect 82,eee Labor used zee,ee0 753 20 12es Direct Indirect Overhead rate as a percent of direct labor Sales (on credit) 3.58e,ee0 The predetermined overhead rate was computed at the beginning of the year as 120% of direct labor cost

continues with a jouranl entry worksheet

Answer 1

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