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please help ! Thank you so mucj ALT-JO-COSTING-T1 ALT-JO-COSTING-TI SCORE 1 112 ACCOUNTS RECEIVABLE RAW MATERIALS ISY ACCOUNTS PAYARI COST OF GOODS SOLD SALES FACTORS

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ALT-JO-COSTING-T1 ALT-JO-COSTING-TI SCORE 1 112 ACCOUNTS RECEIVABLE RAW MATERIALS ISY ACCOUNTS PAYARI COST OF GOODS SOLD SALES FACTORS OVERHEAD 101 WAGES PAYABLE WORK IN PROCESSING DM DM DL DL FO FO TOTAL 0 102 PREPAID INSURANCE FINISHED GOODS DM DL FO TOTAL 0 103 EQUIPMENT DM DI FO TOTAL TRANSACTIONS FOR HOLLYWOOD MANUFACTURING I Raw materials were purchased for $42,000 on account 2 Materials are moved to the factory in the ansount of 530,000. The indirect materials were $6.000 and the direct materials were $24,000. (The DM were assied: $6,000 for Job 101: S8.000 for Job 102, $10,000 for Job 103.) 3 Total labor costs were 542.000. Indirect labor was $4,000. The direct labor of $35,000 was assigned: SI1.000 for lob 101: 512,000 for Sob 102 and 515,000 for Job 103 4 Factory overhead costs consisted of Amount Factory supervision credit Wages Payable Equipment depreciation credit Accm. Deprem 10.000 Factory utilities credit Accounts Payable Factory Instance: credit Prepaid Insurance 2.000 40.000 5 Hollywood allocates factory overhead on the basis of direct labor cost at the rate of 130% of direct labor cost. Jobs 101 and 103 were completed and moved to Finished Goods 7 ob 101 was wodd for $41.000 account 0 ACC. DEPREQUIP DR CR O ACCOUNTS RECEIVABLE O FACTORY OVERHEAD PREPAID INSURANCE 0 RAW MATERIALS INV O WORK IN PROCESS INV 0 FINISHED GOODS INV 1 EQUIPMENT ACC. DEPR. EQUIP O ACCOUNTS PAYABLE WAGES PAYABLE 0 COST OF GOODS SOLD 0 SALES

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