1. to purchase the raw materials
2. to record all costs used in the production of Job A1
3. to record the completion Job A1
4. to record the February 5 sales transaction, on account, of Job A1 to the customer for the sales price of $75,000
During January 2017, Alpha Company began & completed work on its only Job No. A1. On January 2, Alpha purchased, on account, $12,800 of raw materials and placed into the work order a total of $11,000 of direct material. Alpha also used 2,000 machine hours, and employed $19,200 of direct labor costs. Alpha Company applies manufacturing overhead at a predetermined rate of $15 per machine hour used. Use this information to prepare the January 31 General Journal entries, without explanations, for the:
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