Violet Company makes artificial flowers and reports the following data for the month:

$($Click the icon to view the data.$)$

Data table

Journalize the entries relating to materials and labor. $($Record debits first, then credits. Select the explanation on the

last line of the journal entry table.$)$

Purchases of materials, on account $$56,000$

Begin by journalizing the entry for the purchase of materials on account.

Materials requisitions:

Labor incurred $($not yet paid$)$:

Adjusted MOH for underallocated overhead.

Allocated overhead to WIP.

Completed jobs, costs assigned to FG$.$

Incurred labor, direct labor assigned to WIP, indirect labor accumulated in MOH.

Incurred overhead, costs accumulated in MOH.

Purchased materials, accumulated in RM$.$

Sold jobs, costs assigned to COGS.

Sold jobs on account.

Used materials, direct materials assigned to WIP, indirect materials accumulated in MOH.

Accounts Payable

Accounts Receivable

Cash

Cost of Goods Sold

Finished Goods Inventory

Manufacturing Overhead

Raw Materials Inventory

Sales Revenue

Wages Payable

Work$-$in$-$Process Inventorv