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2 of 4 View Policies < Current Attempt in Progress Pharoah Corporation incurred the following transactions. 1. Purchased raw materials on account $41.690. 2. -/251
2 of 4 View Policies < Current Attempt in Progress Pharoah Corporation incurred the following transactions. 1. Purchased raw materials on account $41.690. 2. -/251 Raw Materials of $32.400 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $6,140 was classified as indirect materials 3. Factory labor costs incurred were $53.920. 4. Time tickets indicated that $48,600 was direct labor and $5,320 was indirect labor. 5. Manufacturing overhead costs incurred on account were $72.450. 6. Depreciation on the company's office building was $7.280. 7. Manufacturing overhead was applied at the rate of 150% of direct labor cost. 8. Goods costing $79,200 were completed and transferred to finished goods. 9. Finished goods costing $67.500 to manufacture were sold on account for $92.700. Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit Chapter 2 Homework Exercises Part II Question 2 of 4 -/25 E Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation (1) (2) (3) (4) (5) Debit Credit Question 2 of 4 (5) (6) (7) < > (To record the sale) -/25
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