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record the transactions using the following format. JS Weyyandt, inancial and Managerial, 3e Help System Announcements 6. Exercise 16A-04 Coronado Company has two production departments:

record the transactions using the following format. image text in transcribed
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JS Weyyandt, inancial and Managerial, 3e Help System Announcements 6. Exercise 16A-04 Coronado Company has two production departments: Cutting and Assembly. During July, the following transactions occurred. 1. Purchased $63,800 of raw materials. 2. Incurred $60,800 of factory labor. 3. Incurred $72,400 of manufacturing overhead. 4. Requisitioned materials for Cutting $17,500 and Assembly $9,200. 5. Used factory labor for Cutting $33,600 and Assembly $27,200. Applied overhead at the rate of $19 per machine hour. Machine hours were Cutting 1,730 and Assembly 1,750. 7. Transferred goods costing $69,260 from the Cutting Department to the Assembly Department. Transferred goods costing $136,900 from Assembly to Finished Goods. 9. Sold goods costing $122,900. Record the transactions using the following format, (Enter negative amounts using either a negative sign preceding the number MANUFACTURING COSTS WORK IN P Raw Materials Manufacturing Inventory Factory Labor Overhead Cutting 1. Direct materials purchased $ $ $ 2. Factory labor incurred 8 3. Manufacturing overhead incurred 4. Direct materials used Slus.com/edugen/shared/assignment/test/aglist.uni?id=asnmt2604079#N100EE a n HE Weygande ancial and Managerial, 3e Hejo ISA som Announcements CALCULATOR PRINTER VERSION BACK SUSCU>122,00 Record the transactions using the following format (Enter negative amounts using either a negative sin preceding the besparentheses cg (45). MANUFACTURING COSTS WORK IN PROCESS Raw Materials Manufacturing FINISHED GOODS COST OF Inventory Factory Labor Overhead Cutting Assembly INVENTORY GOODS SOLD 1. Direct materials purchased 5 2. Factory labor incurred 3: Manufacturing overhead incurred 4 Dect materials used 5 Factory sbor signed 6. Manufacturing Overhead signed 7. transfer from Outting to sembly 8 Transfer from any to Finished Goods 9. Recordost of Good Solis Click if you would like to Show Work for this question Oun Show Wok eyplus.com/eduger/share/assignment/test/aglistunitidasnmt26040793N100EE here to search 00 1251 PM 114/2021 o E

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