Homework Answers
Answer-
| Date | Account Title and Explanation | Debit | Credit |
| Jan. 31 | Raw Material Inventory | 5,700 | |
| Accounts payable | 5,700 | ||
| [To record purchase of raw material ] | |||
| Jan. 31 | Factory Labor | 6,300 | |
| Factory Wages Payable | 5,500 | ||
| Employer Payroll Taxes Payable | 800 | ||
| [To record factory labor cost] | |||
| Jan. 31 | Manufacturing Overhead | 2,700 | |
| Utilities Payable | 2,700 | ||
| [To record entry for utilities payable) |
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ZEHO Pentel HI-POLYMER ERASER During January, its first month of...
During January, its first month of operations, Sunland Company accumulated the following manufacturing costs: raw materials...
During January, its first month of operations, Sunland Company accumulated the following manufacturing costs: raw materials $5,700 on account, factory labor $6,300 of which $5,500 relates to factory wages payable and $800 relates to payroll taxes payable, and factory utilities payable $2,700. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 31 (To record purchase of raw...
During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials...
During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials $5,400 on account, factory labor $7,300 of which $5,600 relates to factory wages payable and $1,700 relates to payroll taxes payable, and factory utilities payable $2,600. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 31 (To record purchase of raw...
During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials...
During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials $5,400 on account, factory labor $6,700 of which $5,900 relates to factory wages payable and $800 relates to payroll taxes payable, and factory utilities payable $2,100. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 31 enter an account title to...
**MUST BE ABLE TO ANSWER ALL QUESTIONS** A) During January, its first month of operations, Dieker...
**MUST BE ABLE TO ANSWER ALL QUESTIONS**
A) During January, its first month of
operations, Dieker Company accumulated the following manufacturing
costs: raw materials $5,400 on account, factory labor $6,100 of
which $5,900 relates to factory wages payable and $200 relates to
payroll taxes payable, and utilities payable $2,500.
Prepare separate journal entries for each type of manufacturing
cost.
**************************************************************************************************
B) In January, Dieker Company requisitions raw
materials for production as follows: Job 1 $970, Job 2 $1,400, Job
3...
During January, its first month of operations, Reyes Tool & Die accumulated the following manufacturing costs:...
During January, its first month of operations, Reyes Tool & Die accumulated the following manufacturing costs: raw materials $5.800 on account; factory labour $7,300, of which $5,500 relates to factory wages payable and $1,800 relates to payroll taxes payable: and utilities payable $2,100. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
During the current month, Blossom Company incurs the following manufacturing costs. (a) Purchased raw materials of...
During the current month, Blossom Company incurs the following
manufacturing costs.
(a)
Purchased raw materials of $17,000 on account.
(b)
Incurred factory labor of $38,000. Of that amount, $29,000
relates to wages payable and $9,000 relates to payroll taxes
payable.
(c)
Factory utilities of $3,000 are payable, prepaid factory
property taxes of $2,500 have expired, and depreciation on the
factory building is $8,000.
Prepare journal entries for each type of manufacturing cost.
(Credit account titles are automatically indented when
amount...
During the current month, Wacholz Company incurs the following manufacturing costs. (a) (b) (c) Purchased raw...
During the current month, Wacholz Company incurs the following manufacturing costs. (a) (b) (c) Purchased raw materials of $18,200 on account. Incurred factory labor of $40,500. Of that amount, $29,000 relates to wages payable and $11,500 relates to payroll taxes payable. Factory utilities of $3,900 are payable, prepaid factory property taxes of $2,640 have expired, and depreciation on the factory building is $8,000. Prepare journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount...
During the current month, Wacholz Company incurs the following manufacturing costs. (a) Purchased raw materials of...
During the current month, Wacholz Company incurs the following manufacturing costs. (a) Purchased raw materials of $17,000 on account. (b) Incurred factory labor of $38,000. Of that amount, $29,000 relates to wages payable and $9,000 relates to payroll taxes payable. (c) Factory utilities of $3,000 are payable, prepaid factory property taxes of $2,500 have expired, and depreciation on the factory building is $8,000. Prepare journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount...
Do It! Review 15-1 During the current month, Wacholz Company incurs the following manufacturing costs. (a)...
Do It! Review 15-1 During the current month, Wacholz Company incurs the following manufacturing costs. (a) Purchased raw materials of $18,200 on account. (b) Incurred factory labor of $40.500. Of that amount, $29,000 relates to wages payable and $11.500 relates to payroll taxes payable. (c) Factory utlities of s3,900 are payable, prepaid factory property taxes of $2.640 have expired, and depreciation on the factory building is $8.000. Prepare journal entries for each type of manufacturing cost. (Credit account titles are...
lacul Assignment Gradebook ORION Downloadable eTextbook 2001/ 2101) ignment CALCULATOR s FULL SCREEN PRINTER VERSION 4...
lacul Assignment Gradebook ORION Downloadable eTextbook 2001/ 2101) ignment CALCULATOR s FULL SCREEN PRINTER VERSION 4 BACK NEXT. Brief Exercise 15-02 During January, its first month of operations, Coronado Company accumulated the following manufacturing costs: raw materials $5,400 on account, factory labor $6,100 of which $5,900 relates to factory wages payable and $200 relates to payroll taxes payable, and factory utilities payable $2,500 Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when...
During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials $5,400 on account, factory labor $7,300 of which $5,600 relates to factory wages payable and $1,700 relates to payroll taxes payable, and factory utilities payable $2,600. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 31 (To record purchase of raw...
**MUST BE ABLE TO ANSWER ALL QUESTIONS**
A) During January, its first month of
operations, Dieker Company accumulated the following manufacturing
costs: raw materials $5,400 on account, factory labor $6,100 of
which $5,900 relates to factory wages payable and $200 relates to
payroll taxes payable, and utilities payable $2,500.
Prepare separate journal entries for each type of manufacturing
cost.
**************************************************************************************************
B) In January, Dieker Company requisitions raw
materials for production as follows: Job 1 $970, Job 2 $1,400, Job
3...
During January, its first month of operations, Reyes Tool & Die accumulated the following manufacturing costs: raw materials $5.800 on account; factory labour $7,300, of which $5,500 relates to factory wages payable and $1,800 relates to payroll taxes payable: and utilities payable $2,100. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
During the current month, Blossom Company incurs the following
manufacturing costs.
(a)
Purchased raw materials of $17,000 on account.
(b)
Incurred factory labor of $38,000. Of that amount, $29,000
relates to wages payable and $9,000 relates to payroll taxes
payable.
(c)
Factory utilities of $3,000 are payable, prepaid factory
property taxes of $2,500 have expired, and depreciation on the
factory building is $8,000.
Prepare journal entries for each type of manufacturing cost.
(Credit account titles are automatically indented when
amount...
During the current month, Wacholz Company incurs the following manufacturing costs. (a) (b) (c) Purchased raw materials of $18,200 on account. Incurred factory labor of $40,500. Of that amount, $29,000 relates to wages payable and $11,500 relates to payroll taxes payable. Factory utilities of $3,900 are payable, prepaid factory property taxes of $2,640 have expired, and depreciation on the factory building is $8,000. Prepare journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount...
Do It! Review 15-1 During the current month, Wacholz Company incurs the following manufacturing costs. (a) Purchased raw materials of $18,200 on account. (b) Incurred factory labor of $40.500. Of that amount, $29,000 relates to wages payable and $11.500 relates to payroll taxes payable. (c) Factory utlities of s3,900 are payable, prepaid factory property taxes of $2.640 have expired, and depreciation on the factory building is $8.000. Prepare journal entries for each type of manufacturing cost. (Credit account titles are...
lacul Assignment Gradebook ORION Downloadable eTextbook 2001/ 2101) ignment CALCULATOR s FULL SCREEN PRINTER VERSION 4 BACK NEXT. Brief Exercise 15-02 During January, its first month of operations, Coronado Company accumulated the following manufacturing costs: raw materials $5,400 on account, factory labor $6,100 of which $5,900 relates to factory wages payable and $200 relates to payroll taxes payable, and factory utilities payable $2,500 Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when...
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