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Crawford Corporation incurred the following transactions. 12 3. 456789 Purchased raw materials on account $52,800. Raw Materials of $45,500 were requisitioned to the factory.
Crawford Corporation incurred the following transactions. 12 3. 456789 Purchased raw materials on account $52,800. 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. Factory labor costs incurred were $68,000, of which $51,500 pertained to factory wages payable and $16,500 pertained t employer payroll taxes payable. Time tickets indicated that $55,100 was direct labor and $12,900 was indirect labor. Manufacturing overhead costs incurred on account were $84,700. Depreciation on the company's office building was $8,600. 4. 5. 6. 7. Manufacturing overhead was applied at the rate of 150% of direct labor cost. 8. Goods costing $95,500 were completed and transferred to finished goods. 9. Finished goods costing $81.400 to manufacture were sold on account for $105,600 Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (1) (2)
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