MaBak Inc. manufacturers its products in a continuous process involving two departments, Machining and Assembly. Prepare journal entries to record the following transactions related to production during June: (a) Materials purchased on account, $80,000 (b) Depreciation expenses: Machining, $2,000; Assembly, $5,000 (c) Materials requisitioned by: Machining, $4,000 direct and $1,000 indirect materials; Assembly, $3,000 indirect materials (d) (e) (1)

Sep 8, 2023

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MaBak Inc. manufacturers its products in a continuous process involving two departments, Machining and Assembly. Prepare journal entries to record the following transactions related to production during June: (a) Materials purchased on account, $80,000 (b) Depreciation expenses: Machining, $2,000; Assembly, $5,000 (c) Materials requisitioned by: Machining, $4,000 direct and $1,000 indirect materials; Assembly, $3,000 indirect materials (d) (e) (1)
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