Blossom Corporation incurred the following transactions.

1.		Purchased raw materials on account $46,400.
2.		Raw materials of $36,100were requisitioned to the factory. An analysis of the materials requisition slips indicated that $6,900was classified as indirect materials.
3.		Factory labour costs incurred were $60,000.
4.		Time tickets indicated that $54,100was direct labour and $5,900was indirect labour.
5.		Manufacturing overhead costs incurred on account were $81,500.
6.		Depreciation on the company's office building was $8,100.
7.		Manufacturing overhead was applied at the rate of 150% of direct labour cost.
8.		Goods costing $89,000were completed and transferred to finished goods.
9.		Finished goods costing $75,100to manufacture were sold on account for $104,000.

Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

No.	Account Titles and Explanation	Debit	Credit
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)

Answer rating: 100% (QA)

Answer NoAccount Titles and ExplanationDebitCredit 1Raw Materials46400 Accounts Payable46400 Purchas... View the full answer