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Exercise 15-7 Crawford Corporation incurred the following transactions Purchased raw materials on account $52,800. Raw Materials of $45,500 were requisitioned to the factory. An analysis

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Exercise 15-7 Crawford Corporation incurred the following transactions Purchased raw materials on account $52,800. Raw Materials of $45,500 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $9,600 was classified as indirect materials 3. Factory labor costs incurred were $68,000, of which $51,500 pertained to factory wages payable and $16,500 pertained to employer payroll taxes payable. 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. Depreciation on the company's office building was $8.600. 7. Manufacturing overhead was applied at the rate of 150 % of direct labor cost. Goods costing $95,500 were completed and transferred to finished goods. Finished goods costing $81,400 to manufacture were sold on account for $105,600. 1. 2. 4. 6. 8. 9. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (1) (2) (4) SANDOON O STY MOHST ow sd ogsanb spp Joj n Mous 0 a Pnom nod ipa Account Titles and Explanation (Aenueu uapuy 30u og paua s unoue uaym paguapuy Agepeune aue sapn 3unoe pa)of aa o uogd puacau nua ap avedaad (4)

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