Analyze manufacturing transactions. {Obj. 3). Eight transactions in the manufacturing process are recorded in the T accounts below.

Each transaction is coded by a letter and may be spread over several accounts. Describe what happened in each transaction. LO.1

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Raw Materials (A) 35,000 (B) 28,000 (B) Work in Process 26,000 (G) 58,500 (D) 25,000 Vouchers Payable Factory Payroll Clearing (A) 35,000 (C) 35,000 (E) 3,300 (C) 33,000 (D) 33,000 (F) 14,200 Finished Goods (G) 58,500 (H) 49,700 Salaries and Wages Payable Manufacturing Overhead Control (C) Cost of Goods Sold 33,000 (B) 2,000 (F) 14,200 (H) $9,700 (D) 8,000 (E) 3,300