Question: a . Purchased materials on account, $ 4 9 0 , 0 0 0 . b . Incurred total manufacturing wages of $ 1 1

a. Purchased materials on account, $490,000.
b. Incurred total manufacturing wages of $111,000, which included both direct labor and indirect labor. Used direct labor in manufacturing as follows:
\table[[,Direct Labor],[Chalet 13dotsdotsdotsdots,14,600,],[Chalet 14dotsdotsdotsdots,28,300,],[Chalet 15dotsdotsdotsdots,19,300,],[Chalet 16dotsdotsdots$,21,900,]]
c. Requisitioned direct materials in manufacturing as follows:
\table[[,Direct Materials],[Chalet 13dotsdotsdotsdots$,41,000,],[Chalet 14dotsdotsdotsdots$,56,900,],[Chalet 15dotsdotsdotsdots,62,500,],[Chalet 16dotsdotsdotsdots,66,200,]]
Events
\table[[Chalet 15dotsdotsdots.$Superior Homes manufactures prefabricated chalets in Colorado. The company uses a perpetual inventory system and a job cost system in which each chalet is a job. The following events occurred during May:
View the events.
Read the requirements.
Requirement 1. Record the events in the general journal. (Record debits first, then credits. Exclude explanations from any journal entries.)
Start with the entry from event (a). Purchased materials on account, $490,000.
(b) Incurred total manufacturing wages of $111,000, which included both direct labor and indirect labor.
(c) Requisitioned direct materials in manufacturing.
\table[[Journal Entry,,,],[Date,Accounts,Debit,Credit],[c.,,,]]

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!