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Current Attempt in Progress Crawford Corporation incurred the following transactions. 1. Purchased raw materials on account $52.800 2. Raw Materials of 545,500 were requisitioned to
Current Attempt in Progress Crawford Corporation incurred the following transactions. 1. Purchased raw materials on account $52.800 2. Raw Materials of 545,500 were requisitioned to the factory An analysis of the materials requisition ships indicated that $9,600 was classified as indirect materials 3. Factory labor costs incurred were $68,000, of which $51,500 pertained to tactory wages payable and 516,500 pertained to emplover payroll taxes payable 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. Depreciation an the company's office building was $8,600 7. Manufacturing overhead was applied at the rate of 150% of direct labor cost 8. Goods costine $95,500 were completed and transferred to finished goods: 9. Finished goods costing $81,400 to manufacture were sold on account for $105,600 lournalire the transactions. (Credit account tities ore aufomatically indented when omount is entered, Do not indent manuafly.) (3) (4) (5) (6) (7) (B) (9) (To record the sale) (To record the cost of the sale)
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