Realice las siguientes transacciones en las Cuentas T segn aprendido en clase

30 Puntos

1- Purchase of material on accounts (Direct & Indirect) $ 95,750

2- Materia send to manufacturing plant floor:

Direct Material 25% and indirect material 15%

3- Manufacturing labor wages (liabilities):

6 employees $9.50 per hour & 40 hours weekly

4- Aditional manufacturing Overhead cost incurred

.

during the month: Utilities $ 24,500, insurance expired $ 3,500

and depreciation on equipment $ 45,500.

5- Payment of total manufacturing labor

6- Allocation of manufacturing Overhead to products

$75 per machine-hour (1,000 machine-hours)

7- Completion and transfer to Finished Goods 75%

of Work-in-process.

8- Allocation to Cost of Goods Sold 65%