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  3. natashi productions limited had the following tran

Natashi Productions Limited had the following transactions for the month of January, 2020. (a) (b)...

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Accounting

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Natashi Productions Limited had the following transactions for the month of January, 2020. (a) (b) (C) (d) Purchased 6,100 units of raw materials on account for $54,900. The standard cost was $56,250, Incurred direct labour costs of $70,675 for 5,500 hours. The standard labour cost was $72,055. Issued 5,660 units of raw materials for production at a cost of $50,940 where the standard cost was $47,730 for 5,160 units Assigned 4,040 direct labour hours costing $57,570 to production when the standard cost was $56,170. Prepare the journal entries to record the above transactions. (Credit account titles are automatically indented when the amount is entered. Prepare the journal entries to record the above transactions. (Credit account titles are automatically indented when the amount is entere Account Titles and Explanation Debit Credit

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