Purchases of materials, on account $ 51,000 Materials requisitions: Direct materials 42,300 Indirect materials 500 Labor incurred (not yet paid): Direct labor 20,300 Indirect labor 1,340

Recording materials and labor costs

Goldenrod Company makes artificial flowers and reports the following data for the month:

Journalize the entries relating to materials and labor.

Purchases of materials, on account<br>$ 51,000<br>Materials requisitions:<br>Direct materials<br>42,300<br>Indirect materials<br>500<br>Labor incurred (not yet paid):<br>Direct labor<br>20,300<br>Indirect labor<br>1,340<br>

Extracted text: Purchases of materials, on account $ 51,000 Materials requisitions: Direct materials 42,300 Indirect materials 500 Labor incurred (not yet paid): Direct labor 20,300 Indirect labor 1,340

Jun 01, 2022

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Purchases of materials, on account $ 51,000 Materials requisitions: Direct materials 42,300 Indirect materials 500 Labor incurred (not yet paid): Direct labor 20,300 Indirect labor 1,340

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