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Log the following action for Facedown Paper Company Collections on account, 155,000 Selling and administrative expenses paid 22.000 Paid to account, 37,000 Direct materials purchased

Log the following action for Facedown Paper Company

Collections on account, 155,000

Selling and administrative expenses paid 22.000

Paid to account, 37,000

Direct materials purchased on account 26,600

Indirect materials purchased into the account, 4,200

Requested direct materials costing 8,750 and indirect materials costing 4,200 to manufacture

The following wages were recorded direct labor, 23,300, indirect labor 19,700

It paid the salaries.

Depreciation on plant and equipment was $3,799

Overhead applied at 110 percent of direct labor

Works completed at a cost of 53,020

shipped 425 jobs at a cost of 48,500 and a selling price of 78,500

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