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

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

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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