Weygandt, Financial and Managerial, 3e Help System Announcements CALCULATOR PRINTER VERSION BACK Exercise 15-11 a-b (Part Level Submission) The following are the job cost related accounts for the law firm of Vaughn Associates and their manufacturing equivalents: Law Firm Accounts Supplies Salaries and Wages Payable Operating Overhead Service Contracts in Process Cost of Completed Service Contracts Manufacturing Firm Accounts Raw Materials Factory Wages Payable Manufacturing Overhead Work in Prod Cost Goods Store Cost data for the month of March Follow or costs of 576,600 (80% direct and 20% indirect), 1. Purchased supplies on account $3,900. 2. Issued supplies $2.900 (60% direct and 40% direct) 3. Assigned labor costs based on time cards for the month which indicated 4. Operating overhead costs incurred for cash totaled $49.800. 5. Operating overhead is applied at a rate of 90% of direct labor cost. 6. Work completed totaled 55,300 CALCULATOR PRINTER VERSION BACK NEXT Journalize the transactions for March (Credit account titles are automatically indented whe amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit