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Aria spent the month of December talking to various suppliers in order to determine her cost structure. She added cost data to the information in Table 1. A\&J Bakery Inc. opened for business on January 1, 2020 as planned. During the month of January, the business purchased and used 200 pounds of flour, 200 pounds of sugar, 67 dozen eggs and had 4 bad eggs to dispose of during the month 2,20 baking soda boxes, 200 pounds of butter, 100 pounds of raisons, 50 bottles of rum, and the other ingredients (one box of each for a total of four) all from one supplier on account. Manufacturing overhead is applied to production at 4 dollars per cake. Aria purchased the oven using the start up capital and paid all salaries. Her nieces worked 300 hours in total for the month. January was a very good month for the bakery since it baked 200 cakes and sold all for cash. The average selling price was $50 per cake. All manufacturing overhead is closed out at month end. The supplier was paid at month end. Required: Document A\&J Bakery Inc January transactions. First make a list of all of the transactions. Then using the template provided, create T-accounts (round all calculations to 2 decimal places) All other costs such as utilities, must be accounted for in the Taccounts (assume such transactions where applicable, are paid in cash) TABLE 1: COST INFORMATION A\&J Bakery Inc. opened for business on January 1,2020 as planned. During the month of January, the business purchased and used 200 pounds of flour, 200 pounds of sugar, 67 dozen eggs and had 4 bad eggs to dispose of during the month 2,20 baking soda boxes, 200 pounds of butter, 100 pounds of raisons, 50 bottles of rum, and the other ingredients (one box of each for a total of four) all from one supplier on account. Manufacturing overhead is applied to production at 4 dollars per cake. Aria purchased the oven using the start up capital and paid all salaries. Her nieces worked 300 hours in total for the month. January was a very good month for the bakery since it baked 200 cakes and sold all for cash. The average selling price was $50 per cake. All manufacturing overhead is closed out at month end. The supplier was paid at month end. Required: Document A\&J Bakery Inc January transactions. First make a list of all of the transactions. Then, using the template provided, create T-accounts (round all calculations to 2 decimal places) All other costs such as utilities, must be accounted for in the Taccounts (assume such transactions where applicable, are paid in cash) \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline & A & i & c & D & c. & F. & G & H & 1 & & K: & i & \\ \hline 1. & & Lit of Tramactions & Tsamourt & & & & = & & & 13 & & - & \\ \hline 2 & & & 100 & & & & & & & & & & \\ \hline 3 & & New Maseriah & & & & Mendactos & & & & & & & \\ \hline 4 & i & & & & Ees filence & 9 & & & III & ate Brance & & 50 & \\ \hline s & 4 & & & & tepe & 100 & H. & Et & & & & & \\ \hline 6 & s & & & E & & & & & & & & & \\ \hline 3 & 51 & & & +1 & & & & the & - & & & & \\ \hline i & 3 & & & & & & & & E & & & & \\ \hline i & i & & & m & & & & & - & + & & & \\ \hline 30 & 3 & & & me & & at & 4 & & = & & & & \\ \hline & 10 & & & tat & & ail & & & II & + & & E & \\ \hline 12 & i1 & & & + & = & t. & tan & & & +4 & & & \\ \hline 13 & & & & mit: & & a & & & & & & & \\ \hline 34 & 13 & & 4 & 3 & therg Buance & & & & & Endre Bilance: & & & \\ \hline is & x & & & E & & & & & & & & & \\ \hline ie & is & Ex & + & & + & & & & & & & & \\ \hline II & u & & int & & + & & + & & & & & & \\ \hline is & 17 & & & & & & & & & & & & \\ \hline 13 & is & & & & Bes biluce & & & & & Bes Balanee & & & \\ \hline 20 & 19 & =1 & & m & hion & cos & a. & E & & & & & \\ \hline 2 & 20 & & & 5 & & & int. & ine & & & & & \\ \hlinen & ne & & & & & & & & & & & & \\ \hline 21 & & & m & & & & & & & & & & \\ \hline is & & & & & & & & & & & & & \\ \hline a & & & & tat & D & & & \# & & & & & \\ \hline 21 & & & & & 12 & & & H & & & & & \\ \hline 28 & & & & & & & & & & & & & \\ \hline a & & E & & & & & & & & Enderg Aviane & & & \\ \hline 30 & & & & & & & & & & & & & \\ \hline 31 & & & int & & & & & & & & & & \\ \hline & & & & & & ACCONivi: & AAMI & & & & & MAWt & \\ \hline 3 & & & & & Dre Balker & & & & & Pes Ralanes & & & \\ \hline \begin{tabular}{l} \\ n \end{tabular} & & & & & & & & & & & & & \\ \hline 4 & cu & Coting Syatems & TAecounts & + & & & & & & & & & \\ \hline \end{tabular}

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