Journalize the following production activities only, for Pemsu Manufacturing Company. These relate to process 1....
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Accounting
Journalize the following production activities only, for Pemsu Manufacturing Company. These relate to process 1. a. Purchased $33,000 raw materials on credit to commence operations before a 1% trade discount given by the seller to Pemsu. b. Requisitioned $17,500 direct material, and $2,400 indirect material to start the production process for apple juice. c. Incurred $62,000 of direct labor and $1,740 indirect labor for the same process. d. Overhead absorption was based on 90% of direct labor
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