perdew corporation incurred the following transactions during the period all beginning balances are 0

Part 2 (approx. 20 minutes): Practice Exam 2 Problem - You may use Excel for this part if you use the columnar method. Perdew Corporation incurred the following transactions during the period. All beginning balances are o A. Paid cash to purchase Raw Materials worth $46,300 B. Raw materials of $36,000 were requisitioned to the factory $6,800 were indirect materials the remainder were direct materials. C. Factory labor costs incurred were $55,900, time tickets indicated that $50,000 was for direct labor and $5,900 was for indirect labor. D. Manufacturing overhead costs incurred were $80,500. (These are the actual costs.) E. Manufacturing overhead was applied at a rate of 150% of direct labor cost. F. Goods costing $88,000 were completed and transferred to finished goods. G. Finished goods costing $75,000 to manufacture were sold to customers. H. Close the MOH account to COGS Required: Demonstrate that you understand how costs flow through the accounting system by posting to t-accounts or use the columnar method to post each of these transactions to the following accounts (identify the transaction by letter next to the amount): Raw Materials (RM) Work in Process (WIP) Finished Goods (FG) Manufacturing Overhead Control Account (MOH) Cost of Goods Sold (COGS) . You may add additional accounts if it helps you but I will only grade the entries to the listed accounts