145.000 The following information is available for the ison Comparation for the current year Cost of goods sold... Depreciation of factory equipment... .. 25, 200 Direct labor Finished goods inventory. Beginningar Factory insurance ... .. .. Factory utilities Goods transferred from Work in Process Inventory to Finisbed Goods Inventory. 285.150 Indirect labore Raw materials inventory. Beginning-year Raw materials purchased Raw materials used in production Kincludes $7.000 of indirect materials)..... Rent on factory building 8,400 11.200 116,200 MPORTANT . 121,800 22,400 - Bison Company uses a predetermined overhead rate of 150 entries for the following transactions and events: (a) Purchase of raw materials on account of direct labor cost. Prepare jo - - (b) Use of raw materials in production to Work in Process Inventory and Factory Overhead. DATE SUBJ (e) Cost of workers to Work in Process Inventory and Factory Overhead. (d) Recording of other factory overhead. Assume that all items other than depreciation are paid in cash. 38 39 (e) Applied Factory Overhead to Work in Process Inventory. ego co cao ( Transfer of goods completed to Finished Goods Inventory. (g) Recording cost of goods sold. 2 CAS 8 43 CASE A 45 AM (h) Assignment of over- or underapplied overhead to Cost of Goods Sold. 46