Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below.
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Post the above transactions to T-accounts.
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Cash | Raw Materials | |||||||
Beg.bal | Beg.bal | |||||||
76,600 | a. | a. | 76,600 | |||||
152,600 | c. | 72,400 | b. | |||||
126,300 | d. | |||||||
end bal | 355,500 | end bal | 4,200 | |||||
Work in process | finished goods | |||||||
Beg.bal | Beg.bal | |||||||
b. | 65,700 | f. | 325,300 | |||||
c. | 133,200 | 325,300 | g. | |||||
e. | 126,400 | |||||||
325,300 | f. | |||||||
end bal | 0 | end bal | 0 | |||||
Manufacturing overhead | cost of goods sold | |||||||
Beg.bal | beg bal | 0 | ||||||
b. | 6,700 | g. | 325,300 | |||||
c. | 19,400 | h. | 26,000 | |||||
d. | 126,300 | |||||||
126,400 | e | |||||||
26,000 | h | |||||||
End bal | 0 | end bal | 351,300 | |||||
Adjusted cost of goods sold | 351,300 | |||||||
Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded recent month is shown below. a. $76,100 in raw materials were purchased for cash. b. $72,100 in raw materials were used in production of this amount, $65,100 was for direct materials and the remainder was fo indirect materials. c. Total labor wages of $152,600 were incurred and paid. Of this amount, $133,700 was for direct labor and the remainder was indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $76,000 in raw materials were purchased for cash. $71,700 in raw materials were used in production. Of this amount, $66,600 was for direct materials and the remainder was for indirect materials. Total labor wages of $151,300 were incurred and paid. Of this amount, $133,600 was for direct labor and the remainder was for indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $76,300 in raw materials were purchased for cash. $72,100 in raw materials were used in production. Of this amount, $65,400 was for direct materials and the remainder was for indirect materials. Total labor wages of $151,400 were incurred and paid. Of this amount, $133,200 was for direct labor and the remainder was for indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a. $75,300 in raw materials were purchased for cash. b. $72,200 in raw materials were used in production. Of this amount, $65,200 was for direct materials and the remainder was for indirect materials. C. Total labor wages of $150,400 were incurred and paid. Of this amount, $134,500 was for direct labor and the remainder...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a. $75,300 in raw materials were purchased for cash. b. $71,300 in raw materials were used in production. Of this amount, $65,800 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $150,400 were incurred and paid. Of this amount, $133,100 was for direct labor and the remainder...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $76,200 in raw materials were purchased for cash. $72,400 in raw materials were used in production. Of this amount, $65,200 was for direct materials and the remainder was for indirect materials. Total labor wages of $150,800 were incurred and paid. Of this amount, $133,400 was for direct labor and the remainder was for indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a. $76,000 in raw materials were purchased for cash. b. $72,400 in raw materials were used in production. Of this amount, $65,300 was for direct materials and the remainder was for indirect materials c. Total labor wages of $151,600 were incurred and paid. Of this amount, $133,700 was for direct labor and the remainder...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $76,000 in raw materials were purchased for cash. $71,600 in raw materials were used in production. Of this amount, $65,800 was for direct materials and the remainder was for indirect materials. Total labor wages of $150,100 were incurred and paid. Of this amount, $133,400 was for direct labor and the remainder was for indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $75,600 in raw materials were purchased for cash. $72,600 in raw materials were used in production. Of this amount, $66,100 was for direct materials and the remainder was for indirect materials. Total labor wages of $151,700 were incurred and paid. Of this amount, $133,100 was for direct labor and the remainder was for indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a. $76.400 in raw materials were purchased for cash b. $71,600 in raw materials were used in production. Of this amount, $66.800 was for direct materials and the remainder was for indirect materials c. Total labor wages of $152,700 were incurred and paid. Of this amount, $134,600 was for direct labor and the remainder...