creat journal entries, post to T accounts.

D B E G H Beginning Balances Cash 50,000.00 Job 24 Job 27 Job 33 Raw Materials Inventory 24,000.00 Direct Materials 10,250.00 35,000.00 Work-in-Process Inventory 79,700.00 Direct Labor 9,000.00 17,500.00 Finished Goods 17,500.00 Manufacturing Overhead 2,700.00 5,250.00 Finished Goods 17,500.00 Direct Materials are transferred from Raw Materials to the following: Job 27 2,000,00 Job 33 3.200.00 Job 34 4,600.00 (check figure, ending T-Acct balances - finished goods=29,623 25; WIP = 26,470.79) Job 35 2,000.00 1. 2 Payroll is paid Job 27 3,000.00 Job 33 4,500.00 Job 34 5,900.00 Job 35 1,600.00 Indirect 4 200.00 3 5 5. 5 76 3 9 7 0 Job 24 is sold for cash for $24,500.00 4. Property taxen of $750.00 is paid Truck and delivery cont of 567000 are paid Advertising costs of $1,200.00 are paid Administrative costs of $975.00 are paid Materiale Smithansh CH A B C D E 8. Raw Materials of $6,700.00 are purchased with cash 9. Direct Materials are transferred from Raw Materials to the following: Job 34 7,200.00 Job 35 3,500.00 Indirect 1,450.00 10. Manufacturing overhead is allocated to Work-in-Process using total direct labor costs as the cost driver 11. Jobs 27 and 33 are transferred to Finished Goods 12. Job 33 is sold for cash for $90,000.00