Question
1. Purchased $64,150 of raw materials on account. 2. Incurred $60,820 of factory labor. (Credit Wages Payable.) 3. Incurred $71,070 of manufacturing overhead; $42,860 was
1. Purchased $64,150 of raw materials on account. 2. Incurred $60,820 of factory labor. (Credit Wages Payable.) 3. Incurred $71,070 of manufacturing overhead; $42,860 was paid and the remainder is unpaid. 4. Requisitioned materials for Cutting $16,510 and Assembly $9,050. 5. Used factory labor for Cutting $35,070 and Assembly $25,750. 6. Applied overhead at the rate of $20 per machine hour. Machine hours were Cutting 1,700 and Assembly 1,780. 7. Transferred goods costing $68,960 from the Cutting Department to the Assembly Department. 8. Transferred goods costing $136,260 from Assembly to Finished Goods. 9. Sold goods costing $152,610 for $202,760 on account. Journalize the transactions.
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