Hoochie Mama, Inc. manufactures Lingerie and specializes in tight underwear. Amy Awesome is the new

CFO and chief accountant for the company. She is responsible for all journal entries and ledger accounts.

Unfortunately, she has no idea what she is doing and needs your help. Consider the following transactions

for Hoochie Mama, Inc.:

1

Purchase of materials for cash

44,000

2

Incurred Wages for factory seamstresses

22,000

Incurred Wages for factory supervisor

6,000

3

Used in Production - Cloth

18,000

Used in Production - Thread

1,000

4

Incurred certain costs:

Factory Deprecation

12,000

Factory Insurance

2,000

Factory Property Taxes

5,000

5

Allocation of Overhead to Jobs at 150% of Direct Labor Costs

?

6

Completion of Production

60,000

7

Sold Completed Units worth

55,000

8

Received for those 40,000 worth of units

110,000

9

Closed out Overhead for the year

?

10

Paid Cash for office supplies expenses

4,000

How would you make the journal entries for Amy Awesome and Compute the T Accounts