Homework Answers
| Date | General Journal | Debit | Credit |
| May 1 | Raw materials inventory | $10,000 | |
| Accounts payable | $10,000 | ||
| ( To record purchase of materials on account) | |||
| May 5 | Work in process | $3,000 | |
| Raw materials inventory | $3,000 | ||
| ( To record issue of direct materials) | |||
| May 7 | Direct labor | $5,000 | |
| Cash | $5,000 | ||
| ( To record direct labor) | |||
| May 8 | Work in process | $1,500 | |
| Manufacturing overhead | $1,500 | ||
| ( To record applied factory overhead) |
Kindly comment if you need further assistance.
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