Question
a)$185000 in raw materials were purchased on account. b)$128,000 in raw materials were requisitioned for use in production. Of this amount, $122,000 was for direct
a)$185000 in raw materials were purchased on account.
b)$128,000 in raw materials were requisitioned for use in production. Of this amount, $122,000 was for direct materials and the remainder was for indirect materials.
c)Total labor wages of $157,000 were incurred and paid. Of this amount, $145,000 was for direct labor and the remainder was for indirect labor.
d)Additional manufacturing overhead costs of $160,500 were incurred and paid.
e)Manufacturing overhead costs of $190,000 were applied to jobs using the company's predetermined overhead rate.
f)Of the jobs in progress at the end of the month, $435,500 were completed and shipped to customers.
g)Any underapplied or overapplied overhead for the period was closed out to Cost of Goods Sold.
How would these questions be posted to a T-Account?
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