Enter Each Transaction Into The Appropriate Cell

Bringing it Altogether Transactions 1. Purchased 20,000 yards of material for $108,000 on account 2. Issued and used 20,000 yards of direct material - Charge WIP @ Std. 3. Incurred $210,000 of direct labor - charge WIP @ Standard Cost 4. Incurred Variable Overhead of $40,950 on account 5. Incurred $90,000 of Fixed Overhead on account 6. Applied OH at the total PDOR to WIP based upon units produced 7. Transferred 5,000 units to Finished Goods @ standard 8. Sold 5,000 units to customers for $125 ea. on account 9. Charged COGS for 5,000 units sold 10. Close Variance accounts to COGS BALANCE SHEET INCOME STATEMENT ASSETS Liabilities Transactions Accounts Receivable Cash Raw Material Inventory Work in Process Equity Retained Earnings Manufacturing Overhead Finished Goods Accounts Payable Salaries Payable Sales COGS MPV MQV LRV LEV 1 2 3 4 5 6 7 8 9 10 0 TOTALS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 o $0 $0 $0 $0 $0 $0 $0 $0 Total Assets = $0 Total Liabilities = $0 Total Equity = $0