Preparing journal entries—inputs Oxford Company had the following transactions in October: Purchased raw materials on account, $70,000 Used materials in production: $26,000 in the Mixing Department;...

Preparing journal entries—inputs

Oxford Company had the following transactions in October:

1. Purchased raw materials on account, $70,000


2. Used materials in production: $26,000 in the Mixing Department; $14,000 in the Packaging Department; $1,000 in indirect materials


3. Incurred labor costs: $8,000 in the Mixing Department; $7,200 in the Packaging Department; $2,200 in indirect labor.


4. Incurred manufacturing overhead costs: 153,500 in machinery depreciation; paid $2,300 for rent and $1,590 for utilities

Prepare the journal entries for Oxford Company.