6.

Quark Spy Equipment manufactures espionage equipment. Quark uses a job-order costing system and applies overhead to jobs on the basis of direct labor-hours. For the current year, Quark estimated that it would work 169,000 direct labor-hours and incur $25,012,000 of manufacturing overhead cost. The following summarized information relates to January of the current year. The raw materials purchased include both direct and indirect materials.

Raw materials purchased on account	$	1,765,600
Direct materials requisitioned into production	$	1,625,600
Indirect materials requisitioned into production	$	123,300
Direct labor cost (9,900 hours @ $33 per hour)	$	326,700
Indirect labor cost (10,700 hours @ $20 per hour)	$	214,000
Depreciation on the factory building	$	249,700
Depreciation on the factory equipment	$	1,167,500
Utilities for the factory	$	105,100
Cost of jobs finished	$	3,293,800
Cost of jobs sold	$	3,143,400
Sales (all on account)	$	4,715,700

Required:

Prepare journal entries to record Quark's transactions for the month of January. Do not close out the manufacturing overhead account. (Omit $ sign in your response.)

	General Journal	Debit	Credit
a.	(Click to select)Raw materialsAccounts payableWork in processManufacturing overheadSalaries and wages payableAccumulated depreciation, buildingAccumulated depreciation, equipment
	(Click to select)Raw materialsAccounts payableWork in processManufacturing overheadSalaries and wages payableFinished goodsCost of goods sold
b.	(Click to select)Raw materialsAccounts payableWork in processManufacturing overheadSalaries and wages payableFinished goodsCost of goods sold
	(Click to select)Raw materialsAccounts payableWork in processManufacturing overheadSalaries and wages payableFinished goodsCost of goods sold
c.	(Click to select)Raw materialsAccounts payableWork in processManufacturing overheadSalaries and wages payableFinished goodsCost of goods sold
	(Click to select)Raw materialsAccounts payableWork in processManufacturing overheadSalaries and wages payableFinished goodsCost of goods sold
d.	(Click to select)Raw materialsAccounts payableWork in processManufacturing overheadSalaries and wages payableFinished goodsCost of goods sold
	(Click to select)Raw materialsAccounts payableWork in processManufacturing overheadSalaries and wages payableFinished goodsCost of goods sold
e.	(Click to select)Accounts receivableCost of goods soldFinished goodsSalaries and wages payableManufacturing overheadWork in processAccounts payable
	(Click to select)Raw materialsAccounts payableWork in processManufacturing overheadSalaries and wages payableAccounts receivableFinished goods
f.	(Click to select)Raw materialsAccounts payableWork in processManufacturing overheadSalaries and wages payableCost of goods soldAccounts receivable
	(Click to select)Raw materialsAccounts payableSalaries and wages payableWork in processManufacturing overheadFinished goodsAccounts receivable
g.	(Click to select)Raw materialsAccounts payableWork in processManufacturing overheadAccumulated depreciation, buildingAccumulated depreciation, equipmentCost of goods sold
	(Click to select)Manufacturing overheadWork in processFinished goodsUtilities payable (or cash)Accumulated depreciation, buildingSalaries and wages payableAccumulated depreciation, equipment
	(Click to select)Work in processAccumulated depreciation, buildingSalaries and wages payableManufacturing overheadFinished goodsUtilities payable (or cash)Accumulated depreciation, equipment
	(Click to select)Salaries and wages payableAccumulated depreciation, equipmentAccumulated depreciation, buildingManufacturing overheadWork in processFinished goodsUtilities payable (or cash)
h.	(Click to select)Raw materialsAccounts payableWork in processFinished goodsAccumulated depreciation, buildingAccumulated depreciation, equipmentAccounts receivable
	(Click to select)Raw materialsAccounts payableWork in processManufacturing overheadSalaries and wages payableFinished goodsCost of goods sold
i.	(Click to select)Raw materialsAccounts payableWork in processFinished goodsManufacturing overheadSalaries and wages payableCost of goods sold
	(Click to select)Raw materialsAccounts payableFinished goodsManufacturing overheadSalaries and wages payableAccumulated depreciation, buildingAccumulated depreciation, equipment
j.	(Click to select)Accounts receivableAccumulated depreciation, buildingAccumulated depreciation, equipmentCost of goods soldFinished goodsSalaries and wages payableManufacturing overhead
	(Click to select)Raw materialsAccounts payableSalesWork in processManufacturing overheadAccounts receivableCost of goods sold

7.

Larney Corporation uses process costing. A number of transactions that occurred in June are listed below.

(1)	Raw materials that cost $39,600 are withdrawn from the storeroom for use in the Mixing Department. All of these raw materials are classified as direct materials.
(2)	Direct labor costs of $37,600 are incurred, but not yet paid, in the Mixing Department.
(3)	Manufacturing overhead of $43,600 is applied in the Mixing Department using the department's predetermined overhead rate.
(4)	Units with a carrying cost of $113,600 finish processing in the Mixing Department and are transferred to the Drying Department for further processing.
(5)	Units with a carrying cost of $145,100 finish processing in the Drying Department, the final step in the production process, and are transferred to the finished goods warehouse.
(6)	Finished goods with a carrying cost of $139,600 are sold.

Required:

Prepare journal entries for each of the transactions listed above. (Omit the "$" sign in your response.)

Event	General Journal	Debit	Credit
(1)	(Click to select)Finished goodsCost of goods soldCashWork in process - mixing departmentSalaries and wages payableRaw materialsManufacturing overheadWork in process - drying department
	(Click to select)Salaries and wages payableRaw materialsManufacturing overheadCashWork in process - drying departmentWork in process - mixing departmentFinished goodsCost of goods sold
(2)	(Click to select)Cost of goods soldCashRaw materialsManufacturing overheadFinished goodsSalaries and wages payableWork in process - drying departmentWork in process - mixing department
	(Click to select)Work in process - drying departmentRaw materialsCost of goods soldWork in process - mixing departmentFinished goodsManufacturing overheadCashSalaries and wages payable
(3)	(Click to select)Raw materialsWork in process - mixing departmentFinished goodsSalaries and wages payableWork in process - drying departmentCashCost of goods soldManufacturing overhead
	(Click to select)Work in process - mixing departmentWork in process - drying departmentSalaries and wages payableFinished goodsManufacturing overheadRaw materialsCost of goods soldCash
(4)	(Click to select)Manufacturing overheadWork in process - drying departmentFinished goodsWork in process - mixing departmentRaw materialsCost of goods soldCashSalaries and wages payable
	(Click to select)CashWork in process - mixing departmentCost of goods soldWork in process - drying departmentRaw materialsFinished goodsSalaries and wages payableManufacturing overhead
(5)	(Click to select)Salaries and wages payableManufacturing overheadCashRaw materialsWork in process - drying departmentCost of goods soldFinished goodsWork in process - mixing department
	(Click to select)Work in process - drying departmentFinished goodsWork in process - mixing departmentSalaries and wages payableCost of goods soldManufacturing overheadCashRaw materials
(6)	(Click to select)Work in process - mixing departmentCashCost of goods soldFinished goodsWork in process - drying departmentManufacturing overheadRaw materialsSalaries and wages payable
	(Click to select)Manufacturing overheadRaw materialsWork in process - drying departmentCashCost of goods soldWork in process - mixing departmentSalaries and wages payableFinished goods