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Your answer is partially correct. Try again Crawford Corporation incurred the following transactions. 1. Purchased raw materials on account $55,500 2. Raw Materials of $43,700
Your answer is partially correct. Try again Crawford Corporation incurred the following transactions. 1. Purchased raw materials on account $55,500 2. Raw Materials of $43,700 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $7,600 was classified as indirect 3. Factory labor costs incurred were $65,600, of which $50,000 pertained to factory wages payable and $15,600 pertained to employer payroll taxes payable. 4. Time tickets indicated that $55,400 was direct labor and $10,200 was indirect labor overhead costs incurred on account were $83,700. 6. D on the company's office building was $8,900. 7, 8. 9. Manufacturing overhead was applied at the rate of 150% of direct labor cost. Goods costing $89,100 were completed and transferred to finished goods. Finished goods costing $84,300 to manufacture were sold on account for $113,100 Debit 55500
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