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Analyzing Manufacturing Cost Accounts Fire Rock Company manufactures designer paddle boards in a wide variety...

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Accounting

Analyzing Manufacturing Cost Accounts
Fire Rock Company manufactures designer paddle boards in a wide variety of sizes and transactions that are summarized for June:
Materials
\table[[June 1 Balance,34,900,June 30 Requisitions],[June 30 Purchases,140,300,]]
Work in Process
June 1 Balance
(B) June 30 Completed jobs
June 30 Materials
(C)
June 30 Direct labor
(D)
June 30 Factory overhead applied
(E)
Finished Goods
Jure i Balance
Jure 30 Completed Jobs
(F) June 30 Cost of goods sold
Finished Goods
\table[[June 1 Balance,(F),],[June 30 completed jobs 30 Cost of goods sold,,]]
\table[[Wages Payable],[,,June 30 Wages incurred,130,000],[Factory Overhead],[June 1 Ealance,22,800,June 30 Factory overhead applled,(E)
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