ALT-MFG-POSTINGS Record entries in the ASSETS Record costs in the job as sher: ACCOUNTS RECEIVABLE Trial Balance is mal LIAB ACCOUNTS PAYABLE OWNER'S EQUITY COST OF GOODS SOLD SALES RAW MATERIALS I WAGES PAYABLE 1 Smith Printing purchased 170,000 of raw materials on account 2 Materials used: Job 43e-533.240; Job 421-43.926; Job 422-537,100: Jab 433: 540, Indirect Materials used-54.470. (Total direct materials used-5154.520.) 3 Factory wages: Jab 420-518.000, Job 421-526,000: Job 422-515.000, Job 423529 Indirect Labor-58,300. (Total direct labor-584,000.) Credit Wages Payable. FACTORY OVERHEAD Awal WORK IN PROCESSINHALARIES PAYABLE IM DM DL FO sepse UTILITIES PAYABLE 4 Factory supervision salaries and factory security salaries were $39.500. Credit Sal FINISHED GOODS 5 Depreciation on the factory and machinery was $14.550. DR Balunderapplied CR alverapplied 6 Factory overhead is applied at the rate of 72% of direct laber cast. JOB 420 DM DL ACCUM, DEPRECIATION 7 Fill in the job cost sheets TOTAL DEBIT CREDIT olar DM Joh 130, Joh 431 and Job 423 were completed and moved to Finished Goods Job 420 was sold to customer for 100.000 on acount. WHEN YOU ARE DONE, CHANGE THE PAGE STATUS IN CELL TI TO DON TOTAL ACCOUNTS RECEIVABLE RAW MATERIALS INY WORK IN PROCESSINY FINISHED GOODNINY ACCUM. DEPRECIATION FACTORY OVERHEAD ACCOUNTS PAYABLE WAGES PAYABLE SALARIES PAYABLE UTILITIES PAYABLE SALES COST OF GOODS SOLD JOR 42 DM DL FO TOTAL JOR 423 DM DL FO TOTAL