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E15.7 (LO 1, 2, 3, 4), AP Crawford Corporation incurred the following transactions. 1. Purchased raw materials on account $46,300. 2. Raw materials of
E15.7 (LO 1, 2, 3, 4), AP Crawford Corporation incurred the following transactions. 1. Purchased raw materials on account $46,300. 2. Raw materials of $36,000 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $6,800 was classified as indirect materials. 22 3. Factory labor costs incurred were $59,900. 4. Time tickets indicated that $54,000 was direct labor and $5,900 was indirect labor. 5. Manufacturing overhead costs incurred on account were $80,500. 6. Depreciation on the company's office building was $8,100. betelgros w SI dol 7. Manufacturing overhead was applied at the rate of 150% of direct labor cost. of bloa ado 8. 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. anolburdeni Prepare entries for manufacturing and nonmanufacturing costs.
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