Blue Spruce Industries purchased 8,400 units of direct material on account for $23,500, when the standard cost was $25,200. Later in the month, Blue Spruce Industries issued 5,780 units of direct materials for production, when the standard units were 6.130. Journalize the transactions for Blue Spruce Industries to account for this activity. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) No. Account Titles and Explanation (a) (b) Debit Credit
Blue Spruce Industries purchased 8,400 units of direct material on account for $23,500, when the standard cost was $25,200. Later in the month, Blue Spruce Industries issued 5,780 units of direct materials for production, when the standard units were 6.130. Journalize the transactions for Blue Spruce Industries to account for this activity. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) No. Account Titles and Explanation (a) (b) Debit Credit
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 5EB: Review the following transactions and prepare any necessary journal entries for Lands Inc. A. On...
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