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ACCT4 Chp 3

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What is the journal entry to record the purchase of raw materials?

Db RM, Cr A/P (or Cash)

What is the journal entry to record the issue of direct and indirect materials?

Db WIP (direct) and MOH (indirect), Cr RM

What is the journal entry to record the incurrence of direct and indirect labor?

Db WIP (direct), MOH (indirect), Cr Salaries & Wages Payable

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