A movie production studio incurred the following costs related to its current movie: Purchased office supplies on account: $36,000 Issued direct supplies: $22,512 Issued indirect supplies: $7,525 Time...



A movie production studio incurred the following costs related to its current movie:



  1. Purchased office supplies on account: $36,000

  2. Issued direct supplies: $22,512

  3. Issued indirect supplies: $7,525

  4. Time tickets showing direct labor: $32,503,220

  5. Time tickets showing indirect labor: $574,321

  6. Utilities expense on account: $957,319

  7. Overhead applied: 20% of direct labor cost




Create journal entries for the listed transactions. If an amount box does not require an entry, leave it blank.




Jun 10, 2022
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