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Please do full journal entiries all 10 parts Journalize the following transactions for Blanche's Benches. Explanations are not required. (Click the icon to view the
Please do full journal entiries all 10 parts
Journalize the following transactions for Blanche's Benches. Explanations are not required. (Click the icon to view the transactions.) (Record debits first, then credits. Exclude explanations from any journal entries.) a. Incurred and paid Web site expenses, $2,400. Date Accounts Debit Credit a. - More Info a. Incurred and paid Web site expenses, $2,400. b. Incurred manufacturing wages of $13,000, 70% of which was direct labor and 30% of which was indirect labor. c. Purchased raw materials on account, $22,000. d. Used in production: direct materials, $8,500; indirect materials, $4,000. e. Recorded manufacturing overhead: depreciation on plant, $16,000; plant insurance (previously paid), $1,900; plant property tax, $4,200 (credit Property Tax Payable). f. Allocated manufacturing overhead to jobs, 220% of direct labor costs. g. Completed production on jobs with costs of $38,000, h. Sold inventory on account, $28,000; cost of goods sold, $10,000. i. Adjusted for overallocated or underallocated overhead. Print DoneStep by Step Solution
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