Question

3T117-2 (similar to) Record the following Journal entries for Baker Company: Click the icon to view the transactions.) (Recor
0 0
Add a comment Improve this question Transcribed image text
Answer #1

3. Work in Progress ($13000*70%) Dr.  $ 9100

Manufacturing Overhead ($13000*30%) Dr. $ 3900

Wages Payable ($13000*100%)    $13000

I hope this answer helps you, please make a thumbs up if like the solution or please comment, in case any improvement in the solution or help need
Add a comment
Know the answer?
Add Answer to:
3T117-2 (similar to) Record the following Journal entries for Baker Company: Click the icon to view...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Polo T117-2 (similar to) Record the following joumal entries for Young Company: (Click the icon to...

    Polo T117-2 (similar to) Record the following joumal entries for Young Company: (Click the icon to view the transactions.) (Record debits first, then credits. Exclude explanations from any joumal entries.) 6. Purchased raw materials on account, $11,000. Date Accounts Debit Credit Raw Materials Inventory Accounts Payable 11,000 11,000 7. Used $6.000 in direct materials and $300 in indirect materials in production Accoun Credit Debit 6,000 Work-in-Process Inventory Manufacturing Overhead Raw Materials Inventory 300 6,300 3. Incurred $11,000 in labor costs,...

  • Record the following journal entre for Smith Company Click the icon to view the transactions) (Record...

    Record the following journal entre for Smith Company Click the icon to view the transactions) (Record debits first, the credits Exclude explanations from any jual ntries) 6. Purchased raw materials on account $10,000 1 More Info Debit Credit 6. Purchased materials on account$10.000 7. Used $6.000 in direct materials and $500 in indirect materials in production Incurred $8.000 in labor cost of which 80% was direct labor Pine Done 7. Used $6.000 in direct materials and $500 in indirect materials...

  • record the following journal entries for Taylor Company est TE 1 16,17,18 (Copy) is Question: 8...

    record the following journal entries for Taylor Company est TE 1 16,17,18 (Copy) is Question: 8 pts 29 of 39 (24 complete). Record the following journal entries for Taylor Company (Click the icon to view the transactions) (Record debits first, then credits. Exclude explanations from any journal entries) 6. Purchased raw materials on account, $9,000 Date Accounts Debit Credit 6. 7. Used $5,000 in direct materials and $800 in indirect materials in production Date Accounts Debit Debit Credit 7. Choose...

  • Record the following process costing transactions in the general joumal: (Click the icon to view the...

    Record the following process costing transactions in the general joumal: (Click the icon to view the transactions.) a. Record the purchase of raw materials on account, $9,800. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Accounts Debit Credit Date More info b. ACDOU Payable Accumulated Depreciation Plant Cash Finished Goods Inventory Manufacturing Overhead Prepaid Insurance Plant Property Taxes Payable Plant Raw Materials Inwentory Ulities Payable Wages Payable Work in Process Inventory Assembly Work in Process...

  • Came Company makes artificial flowers and reports the following data for the month Click the icon...

    Came Company makes artificial flowers and reports the following data for the month Click the icon to view the data) Journalce the enties relating to materials and labor (Record debits first then credits Exclude explanations from journal entries.) Begin by pumasing the entry for the purchase of materials on account Accounts Debit Credit í Data Table Next jumalize the entry to record raw materials used in production Date Accounts Debit Credit $ 51.000 Purchases of materials on account Materials requisitions...

  • Journalize the following transactions for Lake's Seats. Explanations are not required. (Click the icon to view...

    Journalize the following transactions for Lake's Seats. Explanations are not required. (Click the icon to view the transactions.) (Record debits first, then credits. Exclude explanations from any journal entries.) a. Incurred and paid Web site expenses, $2,900. Date Accounts Debit Credit b. Incurred manufacturing wages of $16,000, 60% of which was direct labor and 40% of which was indirect labor. Date Accounts Debit Credit c. Purchased raw materials on account, $22,000. Date Accounts Debit Credit d. Used in production: direct...

  • Journalize the following transactions for Sleek's Furniture. Explanations are not required. (Click the icon to view...

    Journalize the following transactions for Sleek's Furniture. Explanations are not required. (Click the icon to view the transactions.) (Record debits first, then credits. Exclude explanations from any journal entries.) a. Incurred and paid Web site expenses, $2,100. b. Incurred manufacturing wages of $14,000, 65% of which was direct labor and 35% of which was indirect labor. c. Purchased raw materials on account, $20,000. d. Used in production: direct materials, $8,000; indirect materials, $2,500. e. Recorded manufacturing overhead: depreciation on plant,...

  • Journalize the following transactions for Judy's Sofas. Explanations are not required (Click the icon to view...

    Journalize the following transactions for Judy's Sofas. Explanations are not required (Click the icon to view the transactions.) Record debits first, then credits. Exclude explanations from any journal entries.) a. Incurred and paid Web site expenses, $2,300 Date Debit Credit iMore Info b. Incurred manufacturing wages of $10,000, 60% of which was direct labor and 40% of which was indirect labor a. Incurred and paid Web site expenses, $2.300 b. Incurred manufacturing wages of $10,000, 60% of which was direct...

  • Journalize the following transactions for Lake's Seats. Explanations are not required. (Click the icon to view...

    Journalize the following transactions for Lake's Seats. Explanations are not required. (Click the icon to view the transactions.) (Record debits first, then credits. Exclude explanations from any journal entries.) e. Recorded manufacturing overhead: depreciation on plant, $12,000; plant insurance (previously paid), $1,300; plant property tax, $3,400 (credit Property Tax Payable). (Prepare a compound entry.) Date Accounts Debit Credit i More Info f. Allocated manufacturing overhead to jobs, 210% of direct labor costs. Date Accounts Debit Credit a. Incurred and paid...

  • Camelia Company makes artificial flowers and reports the following data for the month. (Click the icon...

    Camelia Company makes artificial flowers and reports the following data for the month. (Click the icon to view the data.) Journalize the entries relating to materials and labor. (Record debits first, then credits. Exclude explanations from journal entries.) Begin by journalizing the entry for the purchase of materials on account. Date Accounts Debit Credit A Data Table $ 53,000 Purchases of materials, on account Materials requisitions: Next, journalize the entry to record raw materials used in production. Direct materials 41,800...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT