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Barker Products is a job shop. The following events occurred in September: Purchased $ 1 4 , 5 0 0 of materlals on account. Issued
Barker Products is a job shop. The following events occurred in September:
Purchased $ of materlals on account.
Issued $ in direct materlals to the production department.
Purchased $ of materlals on account.
Issued $ of supplies from the materlals inventory.
Pald for the materlals purchased in transaction
Pald $ cash for utilitles, power, equipment maintenance, and other miscellaneous items for the manufacturing plant.
Incurred direct labor costs of $ which were credited to Wages Payable.
Issued $ of supplies from the materlals Inventory.
Applied overhead on the basis of percent of $ direct labor costs.
Recognized depreciation on manufacturing property, plant, and equipment of $
The following balances appeared in the accounts of Barker Products for September:
Required:
a Prepare journal entrles to record the transactions.
b Prepare Taccounts to show the flow of costs during the perlod from Materlals Inventory through Cost of Goods Sold.
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Prepare Taccounts to show the flow of costs during the period from Materials Inventory through Cost of Goods Sold.Required A
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