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I'm confused, Please help. A) Wowza Corporation manufactures party supplies and uses a predetermined overhead. The CFO has estimated total manufacturing costs to be $108,500,

I'm confused, Please help.

A) Wowza Corporation manufactures party supplies and uses a predetermined overhead.

The CFO has estimated total manufacturing costs to be $108,500, and the activity driveris direct labor hours, which are estimated to be 62,000 hours.

The following beginning balances are below:

Work in Process

$19,800

Finished Goods

$37,100

Journal entry:Raw materials purchased were $134,700 and put on the account.

B)

Wowza Corporation manufactures party supplies and uses a predetermined overhead.

The CFO has estimated total manufacturing costs to be $108,500, and the activity driveris direct labor hours, which are estimated to be 62,000 hours.

The following beginning balances are below:

Work in Process

$19,800

Finished Goods

$37,100

Journal entry: Raw materials were requisitioned; direct materials were 75% of the total $121,800.

C)

Wowza Corporation manufactures party supplies and uses a predetermined overhead.

The CFO has estimated total manufacturing costs to be $108,500, and the activity driveris direct labor hours, which are estimated to be 62,000 hours.

The following beginning balances are below:

Work in Process

$19,800

Finished Goods

$37,100

Journal entry: Rent expense was paid for $37,600; the factory allocation is 45%.

D)

Wowza Corporation manufactures party supplies and uses a predetermined overhead.

The CFO has estimated total manufacturing costs to be $108,500, and the activity driveris direct labor hours, which are estimated to be 62,000 hours.

The following beginning balances are below:

Work in Process

$19,800

Finished Goods

$37,100

Journal entry: Depreciation for the year was $48,000; the factory allocation is 86%; the remainder

is allocated to the administrative department.

E)

Wowza Corporation manufactures party supplies and uses a predetermined overhead.

The CFO has estimated total manufacturing costs to be $108,500, and the activity driveris direct labor hours, which are estimated to be 62,000 hours.

The following beginning balances are below:

Work in Process

$19,800

Finished Goods

$37,100

Journal entry: The utilities were paid. The total is $16,000 and the administrative allocation is 27%, and the remainder is allocated to production.

F)

Wowza Corporation manufactures party supplies and uses a predetermined overhead.

The CFO has estimated total manufacturing costs to be $108,500, and the activity driveris direct labor hours, which are estimated to be 62,000 hours.

The following beginning balances are below:

Work in Process

$19,800

Finished Goods

$37,100

Journal entry for salaries and wages:

The factory labor salaries are $87,000 and the direct labor hours worked were 68,000 (hours).

The factory supervisor's salary is $27,400, and the total administrative salaries are $102,000

G)

Wowza Corporation manufactures party supplies and uses a predetermined overhead.The CFO has estimated total manufacturing costs to be $108,500, and the activity driveris direct labor hours, which are estimated to be 62,000 hours.

The following beginning balances are below:

Work in Process

$19,800

Finished Goods

$37,100

Prepare these journal entries:

#1) Manufacturing overhead was applied using 68,000 direct labor hours.

#2) Seventy-five percent of Work in Process was transferred to the Finished Goods department.

Two journal entries.

H)

Wowza Corporation manufactures party supplies and uses a predetermined overhead.

The CFO has estimated total manufacturing costs to be $108,500, and the activity driveris direct labor hours, which are estimated to be 62,000 hours.

The following beginning balances are below:

Work in Process

$19,800

Finished Goods

$37,100

Journal entry: Ninety percent of the amount in Finished Goods is transferred to Cost of Goods Sold.

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