Homework Answers
| TR | General Journal | Debit | Credit | |||||
| a. | Raw materials inventory | 75,000 | ||||||
| Accounts payable | 75,000 | |||||||
| b. | Work in process inventory | 65,000 | ||||||
| Manufacturing overhead | 8,000 | |||||||
| Raw materials inventory | 73,000 | |||||||
| c. | Work in process inventory | 103,900 | ||||||
| Manufacturing overhead | 16,600 | |||||||
| Cash | 120,500 | |||||||
| d. | Manufacturing overhead | 196,000 | ||||||
| Accumulated Depreciation | 196,000 | |||||||
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Larned Corporation recorded the following transactions for the just completed month. a. $75,000 in raw materials...
please answer soon Larned Corporation recorded the following transactions for the just completed month. a. $75,000...
please answer soon
Larned Corporation recorded the following transactions for the just completed month. a. $75,000 in raw materials were purchased on account. b. $73,000 in raw materials were used in production of this amount. $64.000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $121,000 were paid in cash. Of this amount, $101,700 was for direct labor and the remainder was for indirect labor. d. Depreciation of $196,000 was incurred on factory...
Larned Corporation recorded the following transactions for the just completed month. $72,000 in raw materials were...
Larned Corporation recorded the following transactions for the
just completed month.
$72,000 in raw materials were purchased on account.
$70,000 in raw materials were used in production. Of this
amount, $57,000 was for direct materials and the remainder was for
indirect materials.
Total labor wages of $117,500 were paid in cash. Of this
amount, $103,500 was for direct labor and the remainder was for
indirect labor.
Depreciation of $199,000 was incurred on factory
equipment.
Required:
Record the above transactions in...
Larned Corporation recorded the following transactions for the just completed month. $89,000 in raw materials were...
Larned Corporation recorded the following transactions for the
just completed month.
$89,000 in raw materials were purchased on account.
$87,000 in raw materials were used in production. Of this
amount, $78,000 was for direct materials and the remainder was for
indirect materials.
Total labor wages of $128,000 were paid in cash. Of this
amount, $104,100 was for direct labor and the remainder was for
indirect labor.
Depreciation of $197,000 was incurred on factory
equipment.
Required:
Record the above transactions in...
Larned Corporation recorded the following transactions for the just completed month. a. $83,000 in raw materials...
Larned Corporation recorded the following transactions for the just completed month. a. $83,000 in raw materials were purchased on account. b. $81,000 in raw materials were used in production. Of this amount, $72,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $112,500 were paid in cash. Of this amount, $101,400 was for direct labor and the remainder was for indirect labor. d. Depreciation of $195,000 was incurred on factory equipment. Required: Record...
Larned Corporation recorded the following transactions for the just completed month. a. $89,000 in raw materials...
Larned Corporation recorded the following transactions for the just completed month. a. $89,000 in raw materials were purchased on account. b. $87,000 in raw materials were used in production. Of this amount, $79,000 was for direct materials and the remainder was for indirect materials c. Total labor wages of $111,500 were paid in cash. Of this amount, $104,100 was for direct labor and the remainder was for indirect labor. d. Depreciation of $197,000 was incurred on factory equipment. Required: Record...
Larned Corporation recorded the following transactions for the just completed month. a $71,000 in raw materials...
Larned Corporation recorded the following transactions for the just completed month. a $71,000 in raw materials were purchased on account b. $69,000 in raw materials were used in production. Of this amount, $56,000 was for direct materials and the remainder was for indirect materials. c Total labor wages of $127,000 were paid in cash. Of this amount, $102,600 was for direct labor and 32 the remainder was for indirect labor d. Depreciation of $195,000 was incurred on factory equipment. Required:...
Larned Corporation recorded the following transactions for the just completed month. a. $90,000 in raw materials...
Larned Corporation recorded the following transactions for the just completed month. a. $90,000 in raw materials were purchased on account b. $88,000 in raw materials were used in production of this amount, $76,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $112,000 were paid in cash. Of this amount, $104,100 was for direct labor and the remainder was for indirect labor. d. Depreciation of $199,000 was incurred on factory equipment. Required: Record...
Larned Corporation recorded the following transactions for the just completed month. a. $71,000 in raw materials...
Larned Corporation recorded the following transactions for the just completed month. a. $71,000 in raw materials were purchased on account b. $69,000 in raw materials were used in production. Of this amount, $60,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $119,000 were paid in cash. Of this amount, $101,900 was for direct labor and the remainder was for indirect labor. d. Depreciation of $192,000 was incurred on factory equipment Required: Record...
Lamed Corporation recorded the following transactions for the just completed month. a. $80,000 in raw materials...
Lamed Corporation recorded the following transactions for the just completed month. a. $80,000 in raw materials were purchased on account b. $71,000 in raw materials were used in production of this amount. $62.000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $112,000 were paid in cash. Of this amount, $101,000 was for direct labor and the remainder was for indirect labor. d. Depreciation of $175,000 was incurred on factory equipment. Required: Record...
Larned Corporation recorded the following transactions for the Just completed month. a. $82,000 in raw materials...
Larned Corporation recorded the following transactions for the Just completed month. a. $82,000 in raw materials were purchased on account b. $80,000 in raw materials were used in production. Of this amount, $67,000 was for direct materials and the remainder was for Indirect materials c. Total labor wages of $107,000 were paid in cash. Of this amount, $100,700 was for direct labor and the remainder was for Indirect labor. d. Depreciation of $197,000 was incurred on factory equipment. Required: Record...
please answer soon
Larned Corporation recorded the following transactions for the just completed month. a. $75,000 in raw materials were purchased on account. b. $73,000 in raw materials were used in production of this amount. $64.000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $121,000 were paid in cash. Of this amount, $101,700 was for direct labor and the remainder was for indirect labor. d. Depreciation of $196,000 was incurred on factory...
Larned Corporation recorded the following transactions for the
just completed month.
$72,000 in raw materials were purchased on account.
$70,000 in raw materials were used in production. Of this
amount, $57,000 was for direct materials and the remainder was for
indirect materials.
Total labor wages of $117,500 were paid in cash. Of this
amount, $103,500 was for direct labor and the remainder was for
indirect labor.
Depreciation of $199,000 was incurred on factory
equipment.
Required:
Record the above transactions in...
Larned Corporation recorded the following transactions for the
just completed month.
$89,000 in raw materials were purchased on account.
$87,000 in raw materials were used in production. Of this
amount, $78,000 was for direct materials and the remainder was for
indirect materials.
Total labor wages of $128,000 were paid in cash. Of this
amount, $104,100 was for direct labor and the remainder was for
indirect labor.
Depreciation of $197,000 was incurred on factory
equipment.
Required:
Record the above transactions in...
Larned Corporation recorded the following transactions for the just completed month. a. $83,000 in raw materials were purchased on account. b. $81,000 in raw materials were used in production. Of this amount, $72,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $112,500 were paid in cash. Of this amount, $101,400 was for direct labor and the remainder was for indirect labor. d. Depreciation of $195,000 was incurred on factory equipment. Required: Record...
Larned Corporation recorded the following transactions for the just completed month. a. $89,000 in raw materials were purchased on account. b. $87,000 in raw materials were used in production. Of this amount, $79,000 was for direct materials and the remainder was for indirect materials c. Total labor wages of $111,500 were paid in cash. Of this amount, $104,100 was for direct labor and the remainder was for indirect labor. d. Depreciation of $197,000 was incurred on factory equipment. Required: Record...
Larned Corporation recorded the following transactions for the just completed month. a $71,000 in raw materials were purchased on account b. $69,000 in raw materials were used in production. Of this amount, $56,000 was for direct materials and the remainder was for indirect materials. c Total labor wages of $127,000 were paid in cash. Of this amount, $102,600 was for direct labor and 32 the remainder was for indirect labor d. Depreciation of $195,000 was incurred on factory equipment. Required:...
Larned Corporation recorded the following transactions for the just completed month. a. $90,000 in raw materials were purchased on account b. $88,000 in raw materials were used in production of this amount, $76,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $112,000 were paid in cash. Of this amount, $104,100 was for direct labor and the remainder was for indirect labor. d. Depreciation of $199,000 was incurred on factory equipment. Required: Record...
Larned Corporation recorded the following transactions for the just completed month. a. $71,000 in raw materials were purchased on account b. $69,000 in raw materials were used in production. Of this amount, $60,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $119,000 were paid in cash. Of this amount, $101,900 was for direct labor and the remainder was for indirect labor. d. Depreciation of $192,000 was incurred on factory equipment Required: Record...
Lamed Corporation recorded the following transactions for the just completed month. a. $80,000 in raw materials were purchased on account b. $71,000 in raw materials were used in production of this amount. $62.000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $112,000 were paid in cash. Of this amount, $101,000 was for direct labor and the remainder was for indirect labor. d. Depreciation of $175,000 was incurred on factory equipment. Required: Record...
Larned Corporation recorded the following transactions for the Just completed month. a. $82,000 in raw materials were purchased on account b. $80,000 in raw materials were used in production. Of this amount, $67,000 was for direct materials and the remainder was for Indirect materials c. Total labor wages of $107,000 were paid in cash. Of this amount, $100,700 was for direct labor and the remainder was for Indirect labor. d. Depreciation of $197,000 was incurred on factory equipment. Required: Record...
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