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section i.) is marked incorrect please help me solve Part'lOoil0 Journalize the following transactions for Lake's Seats. Explanations are not required. More Info 0 (Click

section i.)

is marked incorrect please help me solve

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Part'lOoil0 Journalize the following transactions for Lake's Seats. Explanations are not required. More Info 0 (Click the icon to View the transactions.) (Record debits rst, then credits. Exclude explanations from any journal entries.) :1. Incurred and paid Web site expenses $2 800. b. Incurred manufacturing wages of $12,000, 80% of which was direct labor and 20% of which v indirect labor. 1:. Purchased raw materials on account, $14,000. Now record the expense related to the sale. Date Accounts Deb\" Credlt I!- Used in production: direct materials, $6,000; indirect materials, $4,500. h' CDSt 0' GOOdS Sold 16'000 6. Recorded manufacturing overhead: depreciation on plant, $17,000; plant insurance (previous Finished Goods Inventory 15,000 paid), $1 ,400; plant property tax, $3,700 (credit Property Tax Payable). f. Allocated manufacturing overhead to jobs, 180% of direct labor costs. 9. Completed production on jobs with costs of $36,000. h. Sold inventory on account, $20,000; cost of goods sold, $16,000. i' Adjusted for overallocated or underallocated overhead. i. Adjusted for overallocated or underallocated overhead. Date Accounts Debit Credit i. Cost of Goods Sold 2080 Manufacturing Overhead 2080

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