Question: a . Materials purchased on account, $ 5 0 , 0 0 0 . b . Materials moaintioned and Getary labor used c . Factory

a. Materials purchased on account, $50,000.
b. Materials moaintioned and Getary labor used
c. Factory overtead conts incirred on account, $1,000.
d. Depreciation of mactinery and equipremi, $2,700.
a. The factory overhend rabe is 540 per machine hour. Mackine hours used:
f. Joks complated: 301,302,303, and 305.
Fequired:
Journalze the entries to record the summarized operations. Fecord aach tem (cems a-1) as an inglvidua entry on Decemicer 31. Fiecord Rem
9 as 2 entries.
Post the appropriate entries to Taccounts for Work in Frocess and Finished Goods, using the icentifing letiers as transaction cooes insert
memo account oalances as of the end of the month.
Prepare a scheclse of unthished jobs to support the balance in the work in process account:
Prepare a schectse of completed joos on hand to support the bavance in the fished goods account:
 a. Materials purchased on account, $50,000. b. Materials moaintioned and Getary

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