During the first year of operations Shapiro Tool accumulated the following manufacturing costs:
$\begin{array}{lr}
\text { Raw materials purchased on account } & \$ 12,000 \
\text { Factory labor accrued } & 6,000 \
\text { Incurred manufacturing overhead on account } & 4,000
\end{array}$
Instructions
Prepare separate journal entries for each manufacturing cost.

Question

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The Answer of During the first year of operations Shapiro Tool accumulated the following manufacturing costs:
$\begin{array}{lr}
\text { Raw materials purchased on account } & \$ 12,000 \
\text { Factory labor accrued } & 6,000 \
\text { Incurred manufacturing overhead on account } & 4,000
\end{array}$
Instructions
Prepare separate journal entries for each manufacturing cost.

During the First Year of Operations Shapiro Tool Accumulated the Following