Question: Raw materials inventory Work in process inventory-Weaving Work in process inventory-Sewing Finished goods inventory Beginning Inventory $ 158, eee 320,000 545, eee 1,426,00 Ending Inventory
Raw materials inventory Work in process inventory-Weaving Work in process inventory-Sewing Finished goods inventory Beginning Inventory $ 158, eee 320,000 545, eee 1,426,00 Ending Inventory $ 249,000 460.ee 725, eee 1,306, The following additional information describes the company's manufacturing activities for June $ 635,eee 3,435,000 168,000 Raw materials purchases (on credit) Factory payroll cost (paid in cash) other factory overhead cost (Other Accounts credited) Materials used Direct-Weaving Direct-Sewing Indirect Labor used Direct-Weaving Direct-Sewing Indirect Overhead rates as a percent of direct labor Weaving Sewing Sales (on credit) $ 274.ee 129, eee 194.ee $1,300,00 560, ce 1,575, eee 855 1555 55, e50,000 1. Prepare journal entries dated June 30 to record(a) raw materials purchases, (b) direct materials usage. (C) Indirect materials usage, (d) direct labor usage, (e) Indirect labor usage. (1) other overhead costs, (g) overhead applied, and (h) payment of total payroll costs. View transaction list Journal entry worksheet 1 2 3 7 8 > Record the purchase of raw materials on account. Note: Enter debits before credits Debit Credit General Journal Transaction (a)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
