The Reardon Company manufactures novelty toys. In June, 600 of these toys were completed on Job Order No. 2525. On final inspection, 25 toys were rejected and transferred to the spoiled goods inventory to be sold at $3 each. Costs recorded on Job Order No. 2525 follow: Direct materials Direct labor Factory overhead Record the entries to first charge

Sep 8, 2023

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The Reardon Company manufactures novelty toys. In June, 600 of these toys were completed on Job Order No. 2525. On final inspection, 25 toys were rejected and transferred to the spoiled goods inventory to be sold at $3 each. Costs recorded on Job Order No. 2525 follow: Direct materials Direct labor Factory overhead Record the entries to first charge
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