Module 6 Homework i Saved Help Save & Exit Submit Check my work Barker Products is a job shop. The following events occurred in September: 1. Purchased $15,000 of materials on account. 2. Issued $16,500 in direct materials to the production department. 3. Purchased $13,000 of materials on account. 10 4. Issued $1,000 of supplies from the materials inventory. points 5. Paid for the materials purchased in transaction (1). 6. Paid $21,200 cash for utilities, power, equipment maintenance, and other miscellaneous items for the manufacturing plant. eBook 7. Incurred direct labor costs of $26,000, which were credited to Wages Payable. 8. Issued $1,400 of supplies from the materials inventory. Print 9. Applied overhead on the basis of 85 percent of $26,000 direct labor costs. 10. Recognized depreciation on manufacturing property, plant, and equipment of $13,600. References The following balances appeared in the accounts of Barker Products for September: Beginning Ending Materials Inventory $ 37, 700 Work-in-Process Inventory 6,300 Finished Goods Inventory 38, 000 $ 33,500 Cost of Goods Sold 62, 100 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. Complete this question by entering your answers in the tabs below. Required A Required B Prepare journal entries to record the transactions. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Mc Graw HillModule 6 Homework i Saved Help Save & Exit Submit Check my work Required A Required B Prepare journal entries to record the transactions. 10 Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. points View transaction list eBook Print Journal entry worksheet References B C D E F G H I J Purchased $15,000 of materials on account. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Mc Graw Module 6 Homework 0 Saved Help Save 5 Exit Submit Check my work 1D palms !| Ending balance 950\" Ending balance 0 E Prim Beginning balance References Ending balance 0 Ending balance 0 Beginning balance | Beginning balance Ending balance 0 Ending balance 0 Mc Graw Prev 1 of 3 Next ) Hill