US Weygandt, Financial & Managerial Accounting, 2e Financial Accounting (ACCT 105 and 1 Gradebook ORION Downloadable eTextbook ssignment ESYour answer is partially correct. Try again. 1. Purchased raw materials on account $46,300. 2. Raw Materials of $36,000 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $6,800 was classified as indirect materials. ory labor costs incurred were $59,900, of which $51,000 pertained to factory wages payable and $8,900 pertained to employer payroll taxes payable. 4. Time tickets indicated that $54,000 was direct labor and $5,900 was indirect labor 5. Manufacturing overhead costs incurred on account were $80,500. 6. Depreciation on the company's office building was $8,100 7. Manufacturing overhead was applied at the rate of 150% of direct labor cost. 8. Goods costing $88,000 were completed and transferred to finished goods 9. Finished goods costing $75,000 to manufacture were sold on account for $103,000. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Credit 46300 46300 (2) TWork in Process I 29200 6800 (3) [Factory Labor & Sons Inc. All Rights Reserved. A Division of n/ aglist.uni?id-asn t1880218#N1002D 11:01 AM 9/3/2018 to search