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Current Attempt in Progress Crawford Corporation incurred the following transactions 1. 2 3 4. Purchased raw materials on account $49.700. Raw Materials of $ 41,700

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Current Attempt in Progress Crawford Corporation incurred the following transactions 1. 2 3 4. Purchased raw materials on account $49.700. Raw Materials of $ 41,700 were requisitioned to the factory. An analysis of the materials requisition slips indicated that 8.100 was classified as indirect materials Factory labor costs incurred were $ 61,900, of which $ 50.500 pertained to factory wages peable and $11.400 pertained to employer payroll taxes payable. Time tickets indicated that $ 55,400 was direct labor and $ 6,500 was indirect labor Manufacturing overhead costs incurred on account were $ 83,700 Depreciation on the company's office building was $8,900. Manufacturing overhead was applied at the rate of 160% of direct labor cost, Goods costing 5 93.500 were completed and transferred to finished goods, Finished goods costing $ 85,100 to manufacture were sold on account for $104,500 5. 6. 7. 8 9 3:10MM U15 Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not Indene merely -13 No. Account Titles and Explanation Debit (1) Credit (2) (3) search o e 9 82F (4) 13. (5) (6) (7) - 13 (7) (8) (9) (To record the sale (To record the cost of the sale! a 20 82" A. 40 *

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