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Please read the full question as the program does not allow me to show all of the requirements at once. The questions are the same
Please read the full question as the program does not allow me to show all of the requirements at once. The questions are the same from A through H. Thank you!
Record the following process costing transactions in the general journal: (Click the icon to view the transactions.) a. Record the purchase of raw materials on account, $13,500. (Record debits first, then credits. Explanations are not required.) Journal Entry Date Accounts Debit Credit a. Accounts Payable Accumulated DepreciationPlant Cash Finished Goods Inventory Manufacturing Overhead Manufacturing Wages Prepaid Insurance-Plant Property Taxes PayablePlant Raw Materials Inventory Utilities Payable Work in Process InventoryAssembly Work in Process InventoryFinishing Choose from an and then click Check Answer. 8 parts remaining Clear All Check Answer a. Purchase of raw materials on account, $13,500 b. Requisition of direct materials to Assembly Department, $4,000 Finishing Department, $3,500 c. Incurrence and payment of manufacturing labour, $14,500 d. Incurrence of manufacturing overhead costs: Property taxesplant, $3,300 Utilitiesplant, $6,300 Insurance-plant, $1,200 Depreciationplant, $3,600 e. Assignment of conversion costs to the Assembly Department: Direct labour, $4,700 Manufacturing overhead, $3,100 f. Assignment of conversion costs to the Finishing Department: Direct labour, $5,800 Manufacturing overhead, $7,000 g. Cost of goods completed and transferred out of the Assembly Department f. Assignment of conversion costs to the Finishing Department: Direct labour, $5,800 Manufacturing overhead, $7,000 g. Cost of goods completed and transferred out of the Assembly Department to the Finishing Department, $11,750 h. Cost of goods completed and transferred out of the Finishing Department into Finished Goods Inventory, $17,750Step by Step Solution
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