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Homework answers / question archive / Crawford Corporation incurred the following transactions

Crawford Corporation incurred the following transactions

Accounting

Crawford Corporation incurred the following transactions.

 

1.Purchased raw materials on account $47,000.2.Raw Materials of $44,200 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $7,300 was classified as indirect materials.3.Factory labor costs incurred were $60,100, of which $51,000 pertained to factory wages payable and $9,100 pertained to employer payroll taxes payable.4.Time tickets indicated that $54,400 was direct labor and $5,700 was indirect labor.5.Manufacturing overhead costs incurred on account were $83,600.6.Depreciation on the company's office building was $8,600.7.Manufacturing overhead was applied at the rate of 160% of direct labor cost.8.Goods costing $94,800 were completed and transferred to finished goods.9.Finished goods costing $81,800 to manufacture were sold on account for $110,300.

 

Journalize the transactions.

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