can you explain each stop please Do Homework Do Homework . Rawa Jakkou mathxi.com/Student/PlayerHomework. aspx?homeworkid=580667832&questionid-18flushed=false&eld=6253128¢erwin-yes Ill Apps @ Youtube O Maps News M Gmail room.us

can you explain each stop please

Do Homework Do Homework . Rawa Jakkou mathxi.com/Student/PlayerHomework. aspx?homeworkid=580667832&questionid-18flushed=false&eld=6253128&centerwin-yes Ill Apps @ Youtube O Maps News M Gmail room.us ) My Devices | Chess Settings . Security 1 Acct 1090 . Prof. Edwards . Late Start Fall 2020 Rawa Jakkou # | 10/20/20 7:53 PM Homework: Week Three: Homework Mastery Problem Chapter 2 (ma Gave Score: 0 of & pts 1 of 1 (0 complete) PM2-35A (similar to) HW Score: 0%, 0 of 8 pts More Into ance on June 1 follows: June transactions are summarized as follows (Click the icon to view the transactions.) Requirements X Raw Materials Inventory subsidiary ledger. Paper, $4,700, indirect materials, $1,200 Work in-Process Inventory subsidiary ledger: Job 120, $39,400; Job 121, $0 Data Table Finished Goods Inventory subsidiary ledger. Large Stars, $9,400, Small Stars, $11,300 Joumalize the transactions for the company. 2. T-accounts for the general ledger, the Raw Materials Inventory subsidiary Cash 16.000 ledger, the Work in-Process Inventory subsidiary ledger, and the Finished Goods Inventory subsidiary ledger have been opened for you along with each Accounts Receivable 185,000 More Info account's balance as given. Post the journal entries to the T-accounts using Inventories: the transaction letters as a reference. Prepare a trial balance at June 30, 2024. Raw Materials 5,900 Use the Work In Process Inventory T-account to prepare a schedule of cost Work-in Process 39,400 a. Collections on account, $140,000. of goods manufactured for the month of June. b. Selling and administrative expenses incurred and paid, $33,000. 5. Prepare an income statement for the month of June. Finished Goods 20,700 . Payments on account, $40,000. Property, Plant, and Equipment 290.000 d. Materials purchased on account Paper, $21,600; indirect materials, $4,800. e. Materials requisitioned and used in production: Accumulated Depreciation 73,000 Print Done Accounts Payable 127,000 Job 120: Paper, 650 Wages Payable 1,500 Job 121: Paper, $ 7.550 Common Stock 144,000 Indirect materials, $ 1.800 f. Wages incurred during June, $35,000. Labor time records for the month: Job 120, $3,250: Job 121, $18,500; indirect Retained Earnings 211.500 labor, $13.250. Sales Revenue g. Wages paid in June include the balance in the Wages Payable at May 31 plus $33,700 of wages incurred during Cost of Goods Sold June. h. Depreciation on plant and equipment, $2.800. Manufacturing Overhead 1. Manufacturing overhead allocated at the predetermined overhead allocation rate of 80% of direct labor costs. J. Jobs completed during the month: Job 120 with 300,000 Large Stars at a total cost of $45,900. Selling and Administrative Expenses k. Sales on account: all of Job 120 for $100,000. $ 557,000 $ 657,000 1. Adjusted for overallocated or underallocated manufacturing overhead. Total