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Discuss journal entries for each type of manufacturing cost

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Brief Exercise 20-2 During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials $5,100 on account, factory labor $7,100 of which $5,500 relates to factory wages payable and $1,600 relates to payroll taxes payable, and utilities payable $2,900.

Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Reference no: EM131799227

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