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tart Time: 08:57 AM / Remaining: 73 min. ES Question 2 Crawford Corporation incurred the following transactions. 1. Purchased raw materials on account $55,600 2.
tart Time: 08:57 AM / Remaining: 73 min. ES Question 2 Crawford Corporation incurred the following transactions. 1. Purchased raw materials on account $55,600 2. Raw Materials of $36,400 were requisitioned to the factory. An analysis of the materials reauisition slips indicated that $9,600 was classified as indirect materials 3. Factory labor costs incurred were $65,100, of which $51,800 pertained to factory wages payable and $13,300 pertained to employer payroll taxes payable. 4. Time tickets indicated that $55,700 was direct labor and $9,400 was indirect labor 5. Manufacturing overhead costs incurred on account were $85,500. 6. Depreciation on the company's office building was $8,700. 7. Manufacturing overhead was applied at the rate of 160% of direct labor cost. 8. Goods costing $94,000 were completed and transferred to finished goods. 9. Finished goods costing $80,200 to manufacture were sold on account for $113,700 Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit
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