5 of 6 (1 complete) HW Score Data Table llows: ns.) Ementary 1 follow al balance ledgers alances.) Stella Stars Trial Balance June 1, 2016 journal entries.) transaction Balance ,000 Account Title Debit Credit $ 24,000 160,000 5,500 41,000 Cash Accounts Receivable Inventories: Raw Materials Work-in-Process Finished Goods Plant Assets Accumulated Depreciation Accounts Payable Wages Payable Common Stock 22,000 280,000 $ 68,000 133,000 2,600 146,000 enter any numb Print Done Check A CCT 1090 VO852) is based on Custom MyAccountinglab for ACCTG 1090 for Macomb Community College 5 of 6 (1 complete) HW Score: Data Table llows: ns.) elementary une 1 follow trial balance iary ledgers balances.) Accounts Receivable 160,000 Inventories: he transaction 5,500 41,000 journal entries.) 151,000 22,000 280,000 $ Raw Materials Work-in-Process Finished Goods Plant Assets Accumulated Depreciation Accounts Payable Wages Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Manufacturing Overhead Selling and Administrative Expenses 68,000 133,000 2,600 146,000 182,900 $ 532,500 $ 532,500 Total T enter any numb Print Done Check And ACCT 1090 V0852) is based on Custom My Accountinglab for ACCTG 1090 for Macomb Community College go 000 F4 F5 F6 F7 F8 79 III elementary teachers to reward their students. une 1 follows: trial balance.) ary ledgers were as follows: balances.) June transactions are summarized as follows: (Click the icon to view the transactions.) Read the requirements me trans hal entries.) * More Info 51,000 Raw Materials Inventory subsidiary ledger: Paper, $4,600; indirect materials, $900 Work-in-Process Inventory subsidiary ledger: Job 120,541,000; Job 121, $0 Finished Goods Inventory subsidiary ledger: Large Stars, $9,200; Small Stars, $12,800 . Print Done enter any number in the input fields and then click Check Answer. Clear All Check Answer ACCT 1090 VO852) is based on Custom My AccountingLab for ACCTG 1090 for Macomb Community College GO and F4 FS F6 F7 79 FB $ % A 00 5 of 6 (1 complete) HW Score: 15 ilar to * More Info and che ov a. Collections on account, $151,000. b. Selling and administrative expenses incurred and paid $31,000. c. Payments on account, $45,000 d. Materials purchased on account: Paper, $27.700; indirect materials, $4,300. e. Materials requisitioned and used in production: eum ccoy Job 120: Paper $ 800 Job 121: Paper S 7,600 Indirect materials, $ 1,300 f. Wages incurred during June, $42,000. Labor time records for the month: Job 120, $3,800; Job 121, $16,600; indirect labor, $21,600 9. Wages paid in June include the balance in the Wages Payable at May 31 plus $39.100 of wages incurred during June h. Depreciation on plant and equipment, $3,400. 1. Manufacturing overhead allocated at the predetermined overhead allocation rate of 80% of direct labor cost. j. Jobs completed during the month: Job 120 with 700,000 Large Stars at a total cost of $48,640. k. Sales on account all of Job 120 for $133,000. LAdjusted for overallocated or underallocated manufacturing overhead. my list Print Done CIUT FUE LUL Answer ng course (ACCT 1090 V0852) is based on Custom MyAccountingLab for ACCTG 1090 for Macomb Community College 00 80 F3 FA F5 F6 F7 FB 79 $ % & * June transactions are summarized as follows: (Click the icon to view the transactions.) lementary teachers to reward their students. e 1 follows: al balance.) my ledgers were as follows: alanc Requirements transa Read the requirements. - inal entr 1,000 1. Journalize the transactions for the company. 2. T-accounts for the general ledger, the Raw Materials Inventory subsidiary ledger, the Work-in-Process Inventory subsidiary ledger, and the Finished Goods Inventory subsidiary ledger have been opened for you along with each account's balance as given. Post the journal entries to the T-accounts using the transaction letters as a reference. 3. Prepare a trial balance at June 30, 2016. 4. Use the Work-in-Process Inventory T-account to prepare a schedule of cost of goods manufactured for the month of June. 5. Prepare an income statement for the month of June. Print Done ter any number in the input fields and then click Check Answer. Clear All Chec 1090 V0852) is based on Custom MyAccountingLab for ACCTG 1090 for Macomb Community College Homework: Week Three : Chapter 4: Problems cing Score: 0 of 1 pt 5 of 6 (1 complete HW Score: 15.969 P19-32A (similar to) Ques Stella Stars produces stars for elementary teachers to reward their students June transactions are summarized as follows: Stella Stars' trial balance on June 1 follows: Click the icon to view the transactions.) (Click the icon to view the trial balance.) June 1 balances in the subsidiary ledgers were as follows: Read the earlicements (Click the icon to view the balances.) Requirement 1. Journalize the transactions for the company. (Record debits first, then credits. Exclude explanations from any journal entries.) a. Collections on account, $151,000 Debit Credit Date Accounts a. Choose from any list or enter any number in the input fields and then click Check Answer. 19 parts remaining Clear All Check Answer This course (ACCT 1090 VO852) is based on Custom My AccountingLab for ACCTG 1090 for Macomb Community College BO 00 888 F F5 57 58 59 & $ 4 2 3 5 00 * 6 7 9 0 W F R T C 5 of 6 (1 complete) HW Score Data Table llows: ns.) Ementary 1 follow al balance ledgers alances.) Stella Stars Trial Balance June 1, 2016 journal entries.) transaction Balance ,000 Account Title Debit Credit $ 24,000 160,000 5,500 41,000 Cash Accounts Receivable Inventories: Raw Materials Work-in-Process Finished Goods Plant Assets Accumulated Depreciation Accounts Payable Wages Payable Common Stock 22,000 280,000 $ 68,000 133,000 2,600 146,000 enter any numb Print Done Check A CCT 1090 VO852) is based on Custom MyAccountinglab for ACCTG 1090 for Macomb Community College 5 of 6 (1 complete) HW Score: Data Table llows: ns.) elementary une 1 follow trial balance iary ledgers balances.) Accounts Receivable 160,000 Inventories: he transaction 5,500 41,000 journal entries.) 151,000 22,000 280,000 $ Raw Materials Work-in-Process Finished Goods Plant Assets Accumulated Depreciation Accounts Payable Wages Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Manufacturing Overhead Selling and Administrative Expenses 68,000 133,000 2,600 146,000 182,900 $ 532,500 $ 532,500 Total T enter any numb Print Done Check And ACCT 1090 V0852) is based on Custom My Accountinglab for ACCTG 1090 for Macomb Community College go 000 F4 F5 F6 F7 F8 79 III elementary teachers to reward their students. une 1 follows: trial balance.) ary ledgers were as follows: balances.) June transactions are summarized as follows: (Click the icon to view the transactions.) Read the requirements me trans hal entries.) * More Info 51,000 Raw Materials Inventory subsidiary ledger: Paper, $4,600; indirect materials, $900 Work-in-Process Inventory subsidiary ledger: Job 120,541,000; Job 121, $0 Finished Goods Inventory subsidiary ledger: Large Stars, $9,200; Small Stars, $12,800 . Print Done enter any number in the input fields and then click Check Answer. Clear All Check Answer ACCT 1090 VO852) is based on Custom My AccountingLab for ACCTG 1090 for Macomb Community College GO and F4 FS F6 F7 79 FB $ % A 00 5 of 6 (1 complete) HW Score: 15 ilar to * More Info and che ov a. Collections on account, $151,000. b. Selling and administrative expenses incurred and paid $31,000. c. Payments on account, $45,000 d. Materials purchased on account: Paper, $27.700; indirect materials, $4,300. e. Materials requisitioned and used in production: eum ccoy Job 120: Paper $ 800 Job 121: Paper S 7,600 Indirect materials, $ 1,300 f. Wages incurred during June, $42,000. Labor time records for the month: Job 120, $3,800; Job 121, $16,600; indirect labor, $21,600 9. Wages paid in June include the balance in the Wages Payable at May 31 plus $39.100 of wages incurred during June h. Depreciation on plant and equipment, $3,400. 1. Manufacturing overhead allocated at the predetermined overhead allocation rate of 80% of direct labor cost. j. Jobs completed during the month: Job 120 with 700,000 Large Stars at a total cost of $48,640. k. Sales on account all of Job 120 for $133,000. LAdjusted for overallocated or underallocated manufacturing overhead. my list Print Done CIUT FUE LUL Answer ng course (ACCT 1090 V0852) is based on Custom MyAccountingLab for ACCTG 1090 for Macomb Community College 00 80 F3 FA F5 F6 F7 FB 79 $ % & * June transactions are summarized as follows: (Click the icon to view the transactions.) lementary teachers to reward their students. e 1 follows: al balance.) my ledgers were as follows: alanc Requirements transa Read the requirements. - inal entr 1,000 1. Journalize the transactions for the company. 2. T-accounts for the general ledger, the Raw Materials Inventory subsidiary ledger, the Work-in-Process Inventory subsidiary ledger, and the Finished Goods Inventory subsidiary ledger have been opened for you along with each account's balance as given. Post the journal entries to the T-accounts using the transaction letters as a reference. 3. Prepare a trial balance at June 30, 2016. 4. Use the Work-in-Process Inventory T-account to prepare a schedule of cost of goods manufactured for the month of June. 5. Prepare an income statement for the month of June. Print Done ter any number in the input fields and then click Check Answer. Clear All Chec 1090 V0852) is based on Custom MyAccountingLab for ACCTG 1090 for Macomb Community College Homework: Week Three : Chapter 4: Problems cing Score: 0 of 1 pt 5 of 6 (1 complete HW Score: 15.969 P19-32A (similar to) Ques Stella Stars produces stars for elementary teachers to reward their students June transactions are summarized as follows: Stella Stars' trial balance on June 1 follows: Click the icon to view the transactions.) (Click the icon to view the trial balance.) June 1 balances in the subsidiary ledgers were as follows: Read the earlicements (Click the icon to view the balances.) Requirement 1. Journalize the transactions for the company. (Record debits first, then credits. Exclude explanations from any journal entries.) a. Collections on account, $151,000 Debit Credit Date Accounts a. Choose from any list or enter any number in the input fields and then click Check Answer. 19 parts remaining Clear All Check Answer This course (ACCT 1090 VO852) is based on Custom My AccountingLab for ACCTG 1090 for Macomb Community College BO 00 888 F F5 57 58 59 & $ 4 2 3 5 00 * 6 7 9 0 W F R T C