journalize A to C

4. At the beginning of the year, factory overhead application rates were based on the following data: Stamping Plating Dept Dept. Estimated factory overhead for the year. ........... $145,000 $115,000 Estimated direct labor hours for the year.. 29,000 6,000 In October, the following transactions were recorded: a. Purchased the following materials and supplies on account: Material A.. 1,100 units @ $26 Material B 900 units @ $17 Material C............ 800 units @ $28 Factory Supplies............... $3,200 b. The following materials were issued to the factory: Job 905 Job 1001 Job 1002 Material A. 600 units 400 units Material B ..... 400 units 200 units Material C ............. 200 units 400 units Factory Supplies. $2,450 Customers' orders covered by Jobs 1001 and 1002 are for 1,000 and 500 units of finished product, respectively. Factory wages and office, sales, and administrative sala- ries are paid at the end of each month. (Assume FICA and federal income tax rates of 8% and 10%, respectively.) Record the company's liability for state and federal unemployment taxes. (Assume rates of 4% and 1%, respectively, and that none of the employees had reached the $8,000 limit.) Record the payroll distribution for October Stamping Dept. Plating Dept. Job 905 100 hr @ $9 300 hr @ $11 Job 100... 1,200 hr @ $9 300 hr @ $11 Job 1002 800 hr @ $9 Wages of s ervisors, custodial personnel, etc., totaled $9,500; administrativa salaries were $18,300. - during October The company operates on a fiscal year, which ends September 30, Following is the post-closing trial balance as of September 30: Chrome Solutions Company Post-Closing Trial Balance September 30, 2016 Cash .......... $ 22,500 Accounts Receivable ........ 21,700 Finished Goods.... 8,750 Work in Process.... 3,600 Materials........... 15,000 Prepaid Insurance .......... 4,320 Factory Building ...... 64,000 Accum. Depr.-Factory Building ........... Machinery and Equipment.................... 38,000 Accum. Depr.- Machinery and Equipment Office Equipment...... 10,500 7,500 Accum. Depr.-Office Equipment..... Accounts Payable ..... FICA Tax Payable............. Federal Unemployment Tax Payable ... State Unemployment Tax Payable.. Employees Income Tax Payable .......... Capital Stock ............. Retained Earnings ........ $ 22,500 16,000 2,500 3,120 364 1,404 5,200 75,000 54,782 $188,370 $188,370