Hawkins Company, which uses backflush costing, had the following transactions during the month of June:
(a)
Purchased raw materials on account, $350,000.
(b)
Requisitioned raw materials to production, $330,000.
(c)
Distributed direct labor costs, $52,300.
(d)
Manufacturing overhead incurred, $107,000. (Use Various Credits for the account in the credit part of the entry.)
Prepare journal entries to record the above transactions.

Question

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The Answer of Hawkins Company, which uses backflush costing, had the following transactions during the month of June:
(a)
Purchased raw materials on account, $350,000.
(b)
Requisitioned raw materials to production, $330,000.
(c)
Distributed direct labor costs, $52,300.
(d)
Manufacturing overhead incurred, $107,000. (Use Various Credits for the account in the credit part of the entry.)
Prepare journal entries to record the above transactions.

Hawkins Company, Which Uses Backflush Costing, Had the Following Transactions