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![Date LA credit | Debit $202055 particulars 3: Finished goods inventory Ale or (61300 +62400+ 74880+61975-60500] To work in pr](http://img.homeworklib.com/questions/8dd3c2d0-7539-11ea-bb5e-cd844f01fabe.png?x-oss-process=image/resize,w_560)
Answear malem ficelarscoventory cable $2,750 DY $ 55,000 2) Journal entries Date particulars - Debit credit a Raw Material Inventory Ale x $25.000 To Accounts payable $25,000 Being Raw Materials purchased oucredit b. work in process Inveulosy-cutting He or $21,750 TO Raw Material Inventory, Being raw material applied to direct operation] c. Factory overhead alle or $6000 To Raw Material Inventory $ 6000 Being Raw Material wed as indirect | as overhead? do work in process Inventory-cutting Ale or $15,600 work in process Inventory-stiteling le or $62,400 1 To Factory payroll $78000 Being labor applied to direct operation] Factory overhead ale $ 55,000 To Factory payroll Leing Indirect labor applied] & Factory payroll AC DF $133,000 $133,000 being payment to factory pay soll] 9. Factory Overhead Ale or $47.000 To Other Accounts $ 47000 Being factory overhead actual en peuver n. wook in process Iuventory-cutting He or $32,625 [$21,750 X 150%]º work in process Invoutary-stitching Ale or [$62,400 x 120%) $74,880 To Factory overhead $107,505 Being Overhead applied to direct operatiu i wosk in process invenbby-stitching Alle or 461915 $$41500712/750+ 15600 +39.825-51500] 461975 1.
To work in process inventory-culting! Deing goods transferred from cutting to hiteles . To cash
Date LA credit | Debit $202055 particulars 3: Finished goods inventory Ale or (61300 +62400+ 74880+61975-60500] To work in process inventory shitebing Being finished goods transferred from I stitching depastument] $ 209,055 | K. $213,905 $213,905 | Cast of goods sold ale [20100+202,055-8250] To Finished goods inventory Being piuished goods transferred to I cogs for sales made. or cash ale - To sales Revenu Being sales booked for the periode] $256,000 $256000
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