Sheridan Manufacturing Company uses a job order cost accounting system and keeps perpetual inventory records. June...

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Sheridan Manufacturing Company uses a job order cost accounting system and keeps perpetual inventory records. June 1 Purchased raw materials for $22,800. 8 Raw materials requisitioned by production: $9,120 1,140 Direct materials Indirect materials Incurred factory utilities, $2,394 and repairs for factory equipment, $9.120. 15 25 Incurred $123,120 of factory labor. 25 Time tickets indicated the following: Direct Labor (7,000 hrs x $14 per hr) $98,000 Indirect Labor (3,000 hrs x $10 per hr) 30,000 $128,000 25 Applied manufacturing overhead to production based on a predetermined overhead rate of $9 per direct labor hour worked. 28 30 Goods costing $18,000 were completed in the factory and were transferred to finished goods. Goods costing $15,000 were sold. Using the grid below, record the following transactions during the month of June. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Using the grid below, record the following transactions during the month of June. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Question Accounting Dr Manufacturing Costs Work in Process Inve Question 2 Date June 1 $ Raw Materials Inventory Accounting Dra Factory Labor Manufacturing Overhead 22800 $ $ Question 3 Accounting Orc 8 9120 Question 4 Accounting Dra 8 1140 1140 Question 5 15 15 25 25 123120 -98000 25 -30000 30000 25 28 Accounting Drop Viewing Que Accounting Drop Question 7 Accounting Oripe Question 8 Accounting Multis Question 9 Accounting Dropd Sheridan Manufacturing Company uses a job order cost accounting system and keeps perpetual inventory records. June 1 Purchased raw materials for $22,800. 8 Raw materials requisitioned by production: $9,120 1,140 Direct materials Indirect materials Incurred factory utilities, $2,394 and repairs for factory equipment, $9.120. 15 25 Incurred $123,120 of factory labor. 25 Time tickets indicated the following: Direct Labor (7,000 hrs x $14 per hr) $98,000 Indirect Labor (3,000 hrs x $10 per hr) 30,000 $128,000 25 Applied manufacturing overhead to production based on a predetermined overhead rate of $9 per direct labor hour worked. 28 30 Goods costing $18,000 were completed in the factory and were transferred to finished goods. Goods costing $15,000 were sold. Using the grid below, record the following transactions during the month of June. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Using the grid below, record the following transactions during the month of June. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Question Accounting Dr Manufacturing Costs Work in Process Inve Question 2 Date June 1 $ Raw Materials Inventory Accounting Dra Factory Labor Manufacturing Overhead 22800 $ $ Question 3 Accounting Orc 8 9120 Question 4 Accounting Dra 8 1140 1140 Question 5 15 15 25 25 123120 -98000 25 -30000 30000 25 28 Accounting Drop Viewing Que Accounting Drop Question 7 Accounting Oripe Question 8 Accounting Multis Question 9 Accounting Dropd