Question Help o ! P17-32A (similar to) School Stars produces stars for elementary teachers to reward the students School Stars' trial balance on June 1 follos Click the icon to view the trial balance) June 1 balances in the subsidiary ledgers were as follows: Click the loon to view the balance) June transactions we summarized as follows kann. Read More info - Cash 15 000 155,000 28.000 (6) 40.000) 33.000 Bal KI Accounts Receivable 155.000 155,000 ) 100.000 Bal 10 Raw Materials inventory 5500 10.150 el 27.300 ( Bal 69.000 Bal 100,000 Bail 23,150 a. Collections on account, $155.000 b. Selling and administrative expenses incurred and paid $28.000 c. Payments on account, $40.000 d. Materials purchased on account Paper $24,500 indirect materials, 3.300 . Materials requisitioned and used in production Job 120 Paper 5 Job 121: Paper $ 7.000 Indirect 5 1.700 f. Wages incurred during June, 534000. Labor time records for the month Job 120.54.250 121 $19.200 Indirect labor, 510.550 . We paid in Jure include the balance in the Wages Payable at May 31 plus $3.300 of wages mounted duringue h. Depreciation on plaandement 1.2.700 Manufacturing overhead allocated at the predetermined overhead location rate of os of director Jobs completed during the month Job 120 with 300,000 Large Stars at cost of 43650 kes on account all of Job 120 for $100.000 Adjusted for over located or underlocated manufacturing overhead Work in Process inventory Bal 41.000 48.650 Finished Goods Inventory Bal 21.500 48.650 48.650 Property. Plant, and Equipment Bal 200.000 23 450 14.070 38 320 Bal 21.500 280.000 Accumulated Depreciation 74.000 l 2.700 Accounts Payable 40.000 126.000 Bal Wages Payable 33,000 17 Bal Print Done ? Choose from any list or enter any number in the input fields and then click Check Answer Check Antwer Clear Al 5 parts remaining Question June transactions are summarired as follows: School Stars produces stars for elementary teachers to reward their students School Stars' il balance on June 1 follows: Click the icon to view the balance) June 1 balances in the wbsidiary ledgers were as follows: Click the icon to view the balances) Read More Info Accumulated Depreciation 74.000 B 2.7000 c) Accounts Payable 40.000 120,000 27.100 Wages Payable 33.000 1,700 1 76.700 Bal 113.800 Bol 2.700 Bal Common Stock 145.000 Bal Retained Earnings 170.300 Bali Sales Revenge 100.000) Collections on account, $158.000 b. Selling and administrative perses incurred and paid, 528.000 c. Payments on account, 549,000 d. Material purchased on account Paper $24.500 indirect materials, 51.300. . Materials requisitioned and used in production Job 120: Paper 850 Job 121: Paper $ 7.500 Indirect mara 1.700 1. Wages incurred during June 14,000. Labor time records for the month 120, 120, 121, $19.200 indirect labor $10.550 Wigs padine include the balance in the Wages Payable May 311.300 of wanned duringue Depreciation on plant and equipment. 2.700 Maracturing overhead alocated at the predetermined overhead location rate of 0 of director os completed during the month 120 with 300.000 Largest 4.60 Sales on count all of ob 120 for 100.000 Adjusted for everalocated or under located manufacturing the 148.000 Bal 170,300 100.000 B Selling and Admin Expenses Cost of Goods Sold 48.650 880 Manufacturing Overhead 1.700 14,070 10.550 8800 2,700 Pris Done ez Choose from any or enter any number in the input fields and then click Check Answ Che Aww Clear All 5 parts romaining Ouestion He School Stars produces stars for elementary teachers to reward their students. School Stars' trial balance on June 1 folows (Click the icon to view the trial balance) June 1 balances in the subsidiary ledgers were as follows: Click the loon to view the balances) June transactions are summarized as follows: Click the icon to view the transactions) Read the paiements More Info 146,000 Bal 170,300 Bal 100,000 B Raw Materials inventory subsidiary lediger: Paper, 54.900 indirect materials $600 Cost of Goods Sold Manufacturing Overhead Selling and Admin Expenses Work-in-Process Inventory Subsidiary ledger Job 120.541,000, Job 121,50 k) 48 65 (e) 1,700 14.070 b) 28,000 Finished Goods Inventory subsidiary ledger Large Stars $8.900: Small Stars 880 10.550 8803 $12,600 2.700 Done Bal 49.530 Bal 0 Bal 28.000 Post the transactions to the Raw Materials Inventory subsidiary ledger accounts. Key each transaction by transaction letter and calculate the ending balance, "Bal" of each account. (Combine the one for ansaction into one posting Paper Indirect Materials bal 4.900 600 Choose from any list or enter any number in the input fields and then click Check Answer Check Answer Clear All 5 maring June transactions are summarized as follows: (Click the icon to view the transactions.) School Stars produces stars for elementary teachers to reward their students School Stars' trial balance on June 1 follows: (Click the icon to view the trial balance.) June 1 balances in the subsidiary ledgers were as follows: Click the loon to view the balances.) Read the requirements Cash More Info Bal 15,000 155,000 Bal Accounts Receivable 155.000 155,000 (a) 100,000 28,000 40.000 (0) 33.000 (al Bal ok Raw Materials Inventory 5.500 10,150 (0) 27.800 () (d) Raw Materials Inventory subsidiary ledger: Paper, 54,900; indirect materials. $600 Work in Process Inventory subsidiary ledger: Job 120, $41.000; Job 121,50 Finished Goods Inventory subsidiary indger: Large Stars, $8.900: Small Stars, $12,600 Bal 69,000 Bal 100,000 Ball 23.150 Work In Process inventory 41,000 48,6500 8,450 B Property. Plant, and Equipment Bal. 280,000 Finished Goods Inventory Bal 21,500 48.650 ) 0 48,650 Print Done (0 00 00 23,450 14.070 38,320 Bal Bal 21.500 Bal 250,000 Accumulated Depreciation 74,000 Bal 2.700 h (e) Accounts Payable 40.000 126,000 Bat 27.800 (0) Wages Payable 33 000 1,700 Bal 34,000 00 Choose from any it or enter wy number in the input fields and then click Check Answer 5 parts remaining Clear Al Check Answer MacBook Pro esc & 80 200 16 A * $ 4 1 % 5 & 7 2 3 6 8 9 0 Homework: Chapter 17 Homework HW Score: 90.37%, 18 Questio Score: 3.07 of 5 pts 4 of 4 (4 complete) P17-32A (similar to) School Stars produces stars for elementary teachers to reward their students School Stars' trial balance on June 1 June transactions are summarized as follows: follows: (Click the icon to view the transactions.) (Click the loon to view the trial balance) June 1 balances in the subsidiary ledgers were as follows: Read the requirements iClok the icon to view the balances) Accumulated Depreciation Accounts Payable Wages Payable 74,000 Bal. (c) 40,000 126.000 Bal g) 33.000 1,700 Ball More Info 2.700 h 27,000 (0) 34.000 76,700 Bal 1.800 Bal 2,700 Bal . Raw Materials inventory subsidiary ledger: Paper, 84.900; indirect materials, $600 Work in Process Inventory subsidiary ledger Job 120, 541,000, Job 121,50 Finished Goods Inventory subsidiary lodger Large Stars, $8.900: Small Stars, $12,600 Common Stock Retained Earnings 170,300 B1 Sales Revenue 100,000 (6) 146,000 Bal Print Done 145,000 Bal 170,300 Bal. 100.000 B Cost of Goods Sold GR 650 860 Selling and Admin Expenses 28.000 b) Manufacturing Overhead 1,700 14.070 00 10.550 880 2,700 e 00 Choose from any list or enter any number in the input fields and then click Check Answer 5 parts remaining Clear AB Check Answer MacBook Pro 298 000 GOD F 1 F5 FO 90 19 142 Ques Data Table June 1, 2018 Balance Account Title Debit Credit Cash $ 15,000 Accounts Receivable 155,000 Inventories: Raw Materials Work-in-Process 5,500 41,000 21,500 280,000 Finished Goods $ Property, Plant, and Equipment Accumulated Depreciation Accounts Payable Wages Payable 74,000 126,000 1,700 146,000 170,300 Common Stock (e) into one sul Retained Earnings Sales Revenue 0 Cost of Goods Sold 0 0 Manufacturing Overhead Selling and Administrative Expenses 0 $ 518,000 $ 518,000 Total Print Done Check Answer 4 of 4 (4 complete) HW Score: on June 1 June transactions are summarized as follows: (Click the icon to view the transactions.) More Info a. Collections on account, $155,000. b. Selling and administrative expenses incurred and paid, $28,000. C. Payments on account, $40,000. d. Materials purchased on account: Paper, $24,500; indirect materials, $3,300. e. Materials requisitioned and used in production: Job 120: Paper, $ 850 Job 121: Paper $ 7,600 Indirect materials, $ 1.700 f. Wages incurred during June, $34,000. Labor time records for the month: Job 120, $4,250; Job 121, $19,200; indirect labor, $10,550. g. Wages paid in June include the balance in the Wages Payable at May 31 plus $31,300 of wages incurred during June h. Depreciation on plant and equipment, $2,700. 1. Manufacturing overhead allocated at the predetermined overhead allocation rate of 60% of direct labor costs. J. Jobs completed during the month: Job 120 with 300,000 Large Stars at a total cost of $48,650. k. Sales on account: all of Job 120 for $100,000. 1. Adjusted for overallocated or underallocated manufacturing overhead. Print Done Clear All Che MacBook Pro Question Help o ! P17-32A (similar to) School Stars produces stars for elementary teachers to reward the students School Stars' trial balance on June 1 follos Click the icon to view the trial balance) June 1 balances in the subsidiary ledgers were as follows: Click the loon to view the balance) June transactions we summarized as follows kann. Read More info - Cash 15 000 155,000 28.000 (6) 40.000) 33.000 Bal KI Accounts Receivable 155.000 155,000 ) 100.000 Bal 10 Raw Materials inventory 5500 10.150 el 27.300 ( Bal 69.000 Bal 100,000 Bail 23,150 a. Collections on account, $155.000 b. Selling and administrative expenses incurred and paid $28.000 c. Payments on account, $40.000 d. Materials purchased on account Paper $24,500 indirect materials, 3.300 . Materials requisitioned and used in production Job 120 Paper 5 Job 121: Paper $ 7.000 Indirect 5 1.700 f. Wages incurred during June, 534000. Labor time records for the month Job 120.54.250 121 $19.200 Indirect labor, 510.550 . We paid in Jure include the balance in the Wages Payable at May 31 plus $3.300 of wages mounted duringue h. Depreciation on plaandement 1.2.700 Manufacturing overhead allocated at the predetermined overhead location rate of os of director Jobs completed during the month Job 120 with 300,000 Large Stars at cost of 43650 kes on account all of Job 120 for $100.000 Adjusted for over located or underlocated manufacturing overhead Work in Process inventory Bal 41.000 48.650 Finished Goods Inventory Bal 21.500 48.650 48.650 Property. Plant, and Equipment Bal 200.000 23 450 14.070 38 320 Bal 21.500 280.000 Accumulated Depreciation 74.000 l 2.700 Accounts Payable 40.000 126.000 Bal Wages Payable 33,000 17 Bal Print Done ? Choose from any list or enter any number in the input fields and then click Check Answer Check Antwer Clear Al 5 parts remaining Question June transactions are summarired as follows: School Stars produces stars for elementary teachers to reward their students School Stars' il balance on June 1 follows: Click the icon to view the balance) June 1 balances in the wbsidiary ledgers were as follows: Click the icon to view the balances) Read More Info Accumulated Depreciation 74.000 B 2.7000 c) Accounts Payable 40.000 120,000 27.100 Wages Payable 33.000 1,700 1 76.700 Bal 113.800 Bol 2.700 Bal Common Stock 145.000 Bal Retained Earnings 170.300 Bali Sales Revenge 100.000) Collections on account, $158.000 b. Selling and administrative perses incurred and paid, 528.000 c. Payments on account, 549,000 d. Material purchased on account Paper $24.500 indirect materials, 51.300. . Materials requisitioned and used in production Job 120: Paper 850 Job 121: Paper $ 7.500 Indirect mara 1.700 1. Wages incurred during June 14,000. Labor time records for the month 120, 120, 121, $19.200 indirect labor $10.550 Wigs padine include the balance in the Wages Payable May 311.300 of wanned duringue Depreciation on plant and equipment. 2.700 Maracturing overhead alocated at the predetermined overhead location rate of 0 of director os completed during the month 120 with 300.000 Largest 4.60 Sales on count all of ob 120 for 100.000 Adjusted for everalocated or under located manufacturing the 148.000 Bal 170,300 100.000 B Selling and Admin Expenses Cost of Goods Sold 48.650 880 Manufacturing Overhead 1.700 14,070 10.550 8800 2,700 Pris Done ez Choose from any or enter any number in the input fields and then click Check Answ Che Aww Clear All 5 parts romaining Ouestion He School Stars produces stars for elementary teachers to reward their students. School Stars' trial balance on June 1 folows (Click the icon to view the trial balance) June 1 balances in the subsidiary ledgers were as follows: Click the loon to view the balances) June transactions are summarized as follows: Click the icon to view the transactions) Read the paiements More Info 146,000 Bal 170,300 Bal 100,000 B Raw Materials inventory subsidiary lediger: Paper, 54.900 indirect materials $600 Cost of Goods Sold Manufacturing Overhead Selling and Admin Expenses Work-in-Process Inventory Subsidiary ledger Job 120.541,000, Job 121,50 k) 48 65 (e) 1,700 14.070 b) 28,000 Finished Goods Inventory subsidiary ledger Large Stars $8.900: Small Stars 880 10.550 8803 $12,600 2.700 Done Bal 49.530 Bal 0 Bal 28.000 Post the transactions to the Raw Materials Inventory subsidiary ledger accounts. Key each transaction by transaction letter and calculate the ending balance, "Bal" of each account. (Combine the one for ansaction into one posting Paper Indirect Materials bal 4.900 600 Choose from any list or enter any number in the input fields and then click Check Answer Check Answer Clear All 5 maring June transactions are summarized as follows: (Click the icon to view the transactions.) School Stars produces stars for elementary teachers to reward their students School Stars' trial balance on June 1 follows: (Click the icon to view the trial balance.) June 1 balances in the subsidiary ledgers were as follows: Click the loon to view the balances.) Read the requirements Cash More Info Bal 15,000 155,000 Bal Accounts Receivable 155.000 155,000 (a) 100,000 28,000 40.000 (0) 33.000 (al Bal ok Raw Materials Inventory 5.500 10,150 (0) 27.800 () (d) Raw Materials Inventory subsidiary ledger: Paper, 54,900; indirect materials. $600 Work in Process Inventory subsidiary ledger: Job 120, $41.000; Job 121,50 Finished Goods Inventory subsidiary indger: Large Stars, $8.900: Small Stars, $12,600 Bal 69,000 Bal 100,000 Ball 23.150 Work In Process inventory 41,000 48,6500 8,450 B Property. Plant, and Equipment Bal. 280,000 Finished Goods Inventory Bal 21,500 48.650 ) 0 48,650 Print Done (0 00 00 23,450 14.070 38,320 Bal Bal 21.500 Bal 250,000 Accumulated Depreciation 74,000 Bal 2.700 h (e) Accounts Payable 40.000 126,000 Bat 27.800 (0) Wages Payable 33 000 1,700 Bal 34,000 00 Choose from any it or enter wy number in the input fields and then click Check Answer 5 parts remaining Clear Al Check Answer MacBook Pro esc & 80 200 16 A * $ 4 1 % 5 & 7 2 3 6 8 9 0 Homework: Chapter 17 Homework HW Score: 90.37%, 18 Questio Score: 3.07 of 5 pts 4 of 4 (4 complete) P17-32A (similar to) School Stars produces stars for elementary teachers to reward their students School Stars' trial balance on June 1 June transactions are summarized as follows: follows: (Click the icon to view the transactions.) (Click the loon to view the trial balance) June 1 balances in the subsidiary ledgers were as follows: Read the requirements iClok the icon to view the balances) Accumulated Depreciation Accounts Payable Wages Payable 74,000 Bal. (c) 40,000 126.000 Bal g) 33.000 1,700 Ball More Info 2.700 h 27,000 (0) 34.000 76,700 Bal 1.800 Bal 2,700 Bal . Raw Materials inventory subsidiary ledger: Paper, 84.900; indirect materials, $600 Work in Process Inventory subsidiary ledger Job 120, 541,000, Job 121,50 Finished Goods Inventory subsidiary lodger Large Stars, $8.900: Small Stars, $12,600 Common Stock Retained Earnings 170,300 B1 Sales Revenue 100,000 (6) 146,000 Bal Print Done 145,000 Bal 170,300 Bal. 100.000 B Cost of Goods Sold GR 650 860 Selling and Admin Expenses 28.000 b) Manufacturing Overhead 1,700 14.070 00 10.550 880 2,700 e 00 Choose from any list or enter any number in the input fields and then click Check Answer 5 parts remaining Clear AB Check Answer MacBook Pro 298 000 GOD F 1 F5 FO 90 19 142 Ques Data Table June 1, 2018 Balance Account Title Debit Credit Cash $ 15,000 Accounts Receivable 155,000 Inventories: Raw Materials Work-in-Process 5,500 41,000 21,500 280,000 Finished Goods $ Property, Plant, and Equipment Accumulated Depreciation Accounts Payable Wages Payable 74,000 126,000 1,700 146,000 170,300 Common Stock (e) into one sul Retained Earnings Sales Revenue 0 Cost of Goods Sold 0 0 Manufacturing Overhead Selling and Administrative Expenses 0 $ 518,000 $ 518,000 Total Print Done Check Answer 4 of 4 (4 complete) HW Score: on June 1 June transactions are summarized as follows: (Click the icon to view the transactions.) More Info a. Collections on account, $155,000. b. Selling and administrative expenses incurred and paid, $28,000. C. Payments on account, $40,000. d. Materials purchased on account: Paper, $24,500; indirect materials, $3,300. e. Materials requisitioned and used in production: Job 120: Paper, $ 850 Job 121: Paper $ 7,600 Indirect materials, $ 1.700 f. Wages incurred during June, $34,000. Labor time records for the month: Job 120, $4,250; Job 121, $19,200; indirect labor, $10,550. g. Wages paid in June include the balance in the Wages Payable at May 31 plus $31,300 of wages incurred during June h. Depreciation on plant and equipment, $2,700. 1. Manufacturing overhead allocated at the predetermined overhead allocation rate of 60% of direct labor costs. J. Jobs completed during the month: Job 120 with 300,000 Large Stars at a total cost of $48,650. k. Sales on account: all of Job 120 for $100,000. 1. Adjusted for overallocated or underallocated manufacturing overhead. 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