Exercise $7-24($Static$)$ Assigning Costs to Jobs $($LO $7-1)$

Barker Products is a job shop. The following events occurred in September:

Purchased $$13,000$ of materials on account.

Issued $$14,500$ in direct materials to the production department.

Purchased $$11,000$ of materials on account.

Issued $$900$ of supplies from the materials inventory.

Paid for the materials purchased in transaction $(1).$

Paid $$19,200$ cash for utilities, power, equipment maintenance, and other

miscellaneous items for the manufacturing plant.

Incurred direct labor costs of $$22,000,$ which were credited to Wages Payable.

Issued $$1,300$ of supplies from the materials inventory.

Applied overhead on the basis of $85$ percent of $$22,000$ direct labor costs.

Recognized depreciation on manufacturing property, plant, and equipment of

$$11,600.$

The following balances appeared in the accounts of Barker Products for September:

Required:

a$.$ Prepare journal entries to record the transactions.

b$.$ Prepare T$-$accounts to show the flow of costs during the period from Materials

Inventory through Cost of Goods Sold.