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Bramble Corporation incurred the following transactions. 1. Purchased raw materials on account $52,800. 2 Raw Materials of $45,500 were requisitioned to the factory. An analysis

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Bramble Corporation incurred the following transactions. 1. Purchased raw materials on account $52,800. 2 Raw Materials of $45,500 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $9,600 was classified as indirect materials. 3. Factory labor costs incurred were $68,000. 4. Time tickets indicated that $55,100 was direct labor and $12.900 was indirect labor. 5. Manufacturing overhead costs incurred on account were $84.700. 6. Manufacturing overhead was applied at the rate of 150% of direct labor cost. 7. Goods costing $95,500 were completed and transferred to finished goods. 8. Finished goods costing $81,400 to manufacture were sold. Record the transactions. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.s. (45).) Record the transactions. (Enter negative amounts using either a negative sign preceding the number ..-45 or parentheses e..(45). Manufacturing Costs Work In Process Inventory Raw Materials Inventory Factory Labor Manufacturing Overhead 1. Purchased raw materials $ 2. Direct materials 2. Indirect materials 3. Incurred factory labor 4. Direct labor 4. Indirect labor 5. Overhead costs incurred 6. Assigned overhead 7. Completed goods 8. Goods sold preceding the number e.g. -45 or parentheses e.. (45).) turing Costs wry Labor Manufacturing Overhead Work in Process Inventory Finished Goods Inventory Cost of Goods Sold Media

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