MANUFACTURING ACCOUNTING Tarrey Town Bakery Ltd. manufactures one special type of bread only. The main direct materials needed is flour. Tarrey Town Bakery Ltd. has two job orders: Job001 and Job002. Tarrey Town Bakery Ltd. uses a perpetual system for its inventories and job order system for inventory costing. The following production activities took place during the month: a) Purchased materials on credit, Flour, $79000 b) Purchased indirect materials on credit, $10500 c) Materials used in production, Job001: Flour, $8690 d) Materials used in production, Job002: Flour, $12500 e) Indirect materials used in production, $6000 f) Paid direct labour incurred; records for the month, Job001 $18500 g) Paid direct labour incurred; records for the month Job002, $31700 h) Paid the salaries of the production line management team whose salary amounts to $10600 a month. i) Depreciation on plant and equipment totals $10500. 1) Manufacturing overhead was allocated at the predetermined rate of 30% of direct labour cost plus 30% of direct material cost. k) Job completed during the month: Job001, 50,000 bread at a total cost of $53700. 1 Credit sales on account: all of Job001 for $214800. m) Closed the manufacturing overhead account to cost of sales. Required: Fill out the journal entries for the activities during the month. h. e > Liit . . Sales 4 the drop-down menus, choose the appropriate accounts for all the journal entries (a. to m.) below. 3. If an account is not relevant, that is should not be debited or credited: please type 0 as your answer. Debit Credit > b. 0 c. d. . . 1. Sales Cost m. > Next page