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E15-7 Crawford Corporation incurred the following transactions. 1. Purchased raw materials on account $46,300 f $36,000 were requisitioned to the factory. An analysis of the

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E15-7 Crawford Corporation incurred the following transactions. 1. Purchased raw materials on account $46,300 f $36,000 were requisitioned to the factory. An analysis of the materi- als requisition slips indicated that $6,800 was classified as indirect materials. Ex 3. F actory labor costs incurred were $59,900, of which $51,000 pertained to factory wages payable and $8,900 pertained to employer payroll taxes payable Time tickets indicated that $54,000 was direct labor and $5,900 was indirect labor Manufacturing overhead costs incurred on account were $80,500. 6. Depreciation on the company's office building was $8,100. 7. Manufacturing overhead was applied at the rate of 150% of direct labor cost. o. Goods costing $88,000 were completed and transferred to finished goods. 9. Finished goods costing $75,000 to manufacture were sold on account for $103,000 Instructions Journalize the transactions. (Omit explanations.)

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