Managerial Accounting: BE2-2 During January, its first month of operation

Managerial Accounting

BE2-2
During January, its first month of operations, Knox company accumulated the following manufacturing costs: raw materials $4,000 on account, the factory labor $6000 of which $5,200 relates to factory wages payable and $800 relates to payroll taxes payable, and utilities payable $2,000.

Prepare separate journal entries for each type of manufacturing cost.
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