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In January, Knox Company requisitions raw materials for production as follows: Job 1 $936, Job...

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Accounting

In January, Knox Company requisitions raw materials for production as follows: Job 1 $936, Job 2 $1,690, Job 3 $767, and general factory use $667.

Prepare a summary journal entry to record raw materials used:

DEBIT CREDIT

Work in Process Inventory

Jan 31. Manufacturing Overhead

Raw Materials Inventory

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