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Question 1 - See PPT 12 Transaction 1- Materials Purchases: Company purchased raw material of $13,000 on account. Date Accounts and Explanation Debit Credit Question

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Question 1 - See PPT 12 Transaction 1- Materials Purchases: Company purchased raw material of $13,000 on account. Date Accounts and Explanation Debit Credit Question 2 - See PPT 16 Transactions 2: Materials Used: Company uses direct materials costing $20,000 and indirect materials costing $2,500. The $2,500 of Indirect materials are transferred from Raw Materials Inventory to Work-in-process through the Manufacturing Overheard account Accounts and Explanation Debit Credit Date Question 3 - See PPT 18 Transaction 3: Labor Costs incurred: During the same accounting period, company Incurs total labor costs of $200,000, of which $180,000 is direct labor and $20,000 is indirect labor, Date Accounts and Explanation Debit Credit

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