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Crawford Corporation incurred the following transactions. Purchased raw materials on account $50,600 1. Raw Materials of $42,300 were requisitioned to the factory. An analysis of
Crawford Corporation incurred the following transactions. Purchased raw materials on account $50,600 1. Raw Materials of $42,300 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $9,500 was classified 2. indirect materials. Factory labor costs incurred were $65,500, of which $50,900 pertained to factory wages payable and $14,600 pertained to employer payro| payable. 3. Time tickets indicated that $54,400 was direct labor and $11,100 was indirect labor. 4. Manufacturing overhead costs incurred on account were $83,100. 5. Depreciation on the company's office building was $8,300 6. Manufacturing overhead was applied at the rate of 160% of direct labor cost. 7. Goods costing $92,700 were completed and transferred to finished goods. 8. Finished goods costing $81,800 to manufacture were sold on account for $112,400 9. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
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