Question list Howio Stors' tivid balonoe on tune 1 tollows: Jine trandebions are iummartued as folows: IFA iCiok the icon to view be trial balance I (i) iclik the icon to wew En tratadicion? June 1 balsnces in the subsidaly lodgers were an blowe: (1) icick the icon lo viow the bodarest) Rest the foumecists Requirements More info 1. Joumalioe te ransactors for me coripany - Raw Mupoliate Mrworitoly subeldiay ledgoh Faper, $,300, indenct ifateriak, $1,100 - Firiahied Goods tnventory suboidiary lodgot: Lavo Stars, 49.000: Gitall Stenk $11.300 3. Piopere a bix twalanoe at dune 30,2024 . d goods manuladiled lor the moret of Jre. 5. Pepaue ar incone istemend for the mereio bleme Howie Stars Trial Balance June 1, 2024 Balance Account Title Debit Credit Cash \$ 16,000 Accounts Receivable 160,000 Inventories: a. Collections on account, $154,000. b. Selling and administrative expenses incurred and paid, $33,000. c. Payments on account, $45,000. d. Materials purchased on account: Paper, $27,700; indirect materials, $3,800. e. Materials requisitioned and used in production: f. Wages incurred during June, $40,000. Labor time records for the month: Job 120, $4,250; Job 121, \$19,200; indirect labor, $16,550. 9. Wages paid in June include the balance in the Wages Payable at May 31 plus $37,500 of wages incurred during June. h. Depreciation on plant and equipment, $2,800. 1. Manufacturing overhead allocated at the predetermined overhead allocation rate of 80% of direct labor costs. 1. Jobs completed during the month: Job 120 with 900,000 Large Stars at a total cost of $48,800. k. Sales on account all of Job 120 for $125,000. 1. Adjusted for overallocated or underallocated manufacturing overhead