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  1. business
  2. accounting
  3. july august 17,500 a. $100.00 b. $1.00 c. $10.00 d

July August 17,500 a. $100.00 b. $1.00 c. $10.00 d. $0.10...

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Accounting

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July August 17,500 a. $100.00 b. $1.00 c. $10.00 d. $0.10 20 points THE JOB ORDER COST SYSTEM Prepare journal entries for the following transactions of Zoe Corporation. Use the journal attached. Purchased raw materials and supplies on account $12,000. a. $8,000 of the raw materials were requisitioned into production. b. requisitioned during the Operating supplies and other indirect materials costing $1,000 were period. d. c. Total labor cost was $30,000 of which $20,000 was direct labor cost and $10,000 indirect labor cost. Factory overhead charged to production was at a rate of 80% of direct labor cost. c. f. Completed jobs costing $32,000 were transferred to the Finished Goods Inventory Account. g. During the month, $68,000 of sales on account was recorded by the sales department. products cost $35,000 to manufacture. These

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