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5 of 9 (2 complete) Homework: Chapter 17 Homework Score: 0 of 1 pt E17-22 (similar to) June production generated the following activity in Barge

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5 of 9 (2 complete) Homework: Chapter 17 Homework Score: 0 of 1 pt E17-22 (similar to) June production generated the following activity in Barge Chassis Company's Work In Process Inventory account (Click the loon to view the activity) Additionally, Barpe has completed Jobs 142 and 143, with total costs of 348,000 and $37,000, respectively Read the rairements Requirement 1. Prepare the journal entry for production completed in June (Prepare a single jumal entry for this event. Record debits first, then credits. Exclude explanations from any journal entries) Date Accounts Debit Credit June Choose from any list of enter any number in the input fields and then click Check Answer ale journal entry for this event. Record debits first, then credits. Exclude explanations from any journal entries.) Credit i Data Table - X June 1 balance $ 25,000 30.000 Direct materials used Direct labor assigned to jobs Manufacturing overhead allocated to jobs 44,000 17,600 Print Done mpany's Work-in-Process Inventory account: of $48,000 and $37.000, respectively. June. (Prepare a single journal entry for this event. Record debits first, then credits. Exclude explanations from any journal entries.) Debit 0 Requirements 1. Prepare the journal entry for production completed in June. 2. Open a T-account for Work-in-Process Inventory. Post the journal entry made in Requirement 1. Compute the ending balance in the Work-in-Process Inventory account on June 30. 3. Prepare the journal entry to record the sale on account of Job 143 for $52,000. Also, prepare the journal entry to record Cost of Goods Sold for Job 143 4. What is the gross profit on Job 143? Print Done click Check

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