Business, 24.03.2020 05:28 LadyHolmes67

Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for goods transferred from production to finished goods is:

Direct materials used $ 87,000
Direct labor used 160,000
Predetermined overhead rate (based on direct labor) 155 %
Goods transferred to finished goods 432,000
Cost of goods sold 444,000
Credit sales 810,000

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Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production...