job-order costing system
The Polaris Company uses a job-order costing system. The following data relate to October, the first month of the company’s fiscal year.a. Raw materials purchased on account, $210,000.b. Raw materials issued to production, $190,000 ($178,000 direct materials and $12,000 indirect materials).c. Direct labor cost incurred, $90,000; indirect labor cost incurred, $110,000.d. Depreciation recorded on factory […]