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ml?launchid=c60349dd-778b-49cc-a461-fa4c00df6772/question/ Question 4 of 5 0.15/ View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. 8 25 Finn Manufacturing Company uses a job order cost accounting system and keeps perpetual inventory records June Purchased raw materials for $20,000 Raw materials requisitioned by production Direct materials $8.000 Indirect materials 1000 15 incurred factory utilities $2.100 and repairstorfactorvegiment. $8,000 Incurred $108.000 of factory labor. 25 Time tickets indicated the following 17,000 hrs $12 Direct Labor $34.000 per hr 13.000 hrs x 58 per Indirect Labor hr 24.000 $108 000 25 Applied manufacturing overted to production based on a predetermined overhead rate of 57 per direct labd four world 28 Goods costing $18.000 were completed in the factory and were transferred to finished ods 30 Goods costing $15.000 were sold Using the grid below. record the transactions during the month of me (Enter negative amounts using either a negative sig precn the number es. -45 or parentheses es (450 Date June 1 Raw Materials inventory 3 20.000 Manufacturing Costs Factory Labor 3 Manufacturing Overhead 5 Bood 15 25 O ml?launchid=c60349dd-778b-49cc-a461-fa4c00df6772/question/ Question 4 of 5 0.15/ View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. 8 25 Finn Manufacturing Company uses a job order cost accounting system and keeps perpetual inventory records June Purchased raw materials for $20,000 Raw materials requisitioned by production Direct materials $8.000 Indirect materials 1000 15 incurred factory utilities $2.100 and repairstorfactorvegiment. $8,000 Incurred $108.000 of factory labor. 25 Time tickets indicated the following 17,000 hrs $12 Direct Labor $34.000 per hr 13.000 hrs x 58 per Indirect Labor hr 24.000 $108 000 25 Applied manufacturing overted to production based on a predetermined overhead rate of 57 per direct labd four world 28 Goods costing $18.000 were completed in the factory and were transferred to finished ods 30 Goods costing $15.000 were sold Using the grid below. record the transactions during the month of me (Enter negative amounts using either a negative sig precn the number es. -45 or parentheses es (450 Date June 1 Raw Materials inventory 3 20.000 Manufacturing Costs Factory Labor 3 Manufacturing Overhead 5 Bood 15 25 O 15 25 25 Indirect materials 1,000 Incurred factory utilities $2,100 and repairs for factory equipment, $8,000 Incurred $108,000 of factory labor. Time tickets indicated the following Direct Labor 0,000 hrs $12 $84,000 per hr) Indirect Labor (3.000 hrs $8 per hr) 24.000 $108,000 Applied manufacturing overhead to production based on a predetermined overhead rate of $7 per direct labor hour worked Goods costing $18,000 were completed in the factory and were transferred to finished goods. Goods costing $15,000 were sold. 25 28 30 Using the grid below, record the transactions during the month of June. (Enter negative amounts using either a negative sig preceding the numbers, 45 or parentheses es (451 Wo Date June 1 Raw Materials Inventory $ 20,000 Manufacturing Costs Factory Labor 1 Manufacturing Overhead $ B 8000 15 25 25 25 25 28 30 e Textbook and Media List of Accounts 1,000 15 25 25 Incurred factory utilities, $2,100 and repairs for factory equipment, $8,000. Incurred $108,000 of factory labor. Time tickets indicated the following Direct Labor 17.000 hrs $12 perhr) $84.000 Indirect Labor (3,000 hrs $8 per hr) 24,000 $100,000 Applied manufacturing overhead to production based on a predetermined overhead rate of $7 per direct labor hour worked Goods casting $18,000 were completed in the factory and were transferred to finished goods. Goods costing $15,000 were sold 25 28 30 Using the grid below, record the transactions during the month of June. (Enter negative amounts using either a negative sin preceding the number eg. 45 or parentheses es (451) Work in Process inventory Finished Goods Inventory Cost of Goods Sold ring Overhead e Textbook and Media List of Accounts ml?launchid=c60349dd-778b-49cc-a461-fa4c00df6772/question/ Question 4 of 5 0.15/ View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. 8 25 Finn Manufacturing Company uses a job order cost accounting system and keeps perpetual inventory records June Purchased raw materials for $20,000 Raw materials requisitioned by production Direct materials $8.000 Indirect materials 1000 15 incurred factory utilities $2.100 and repairstorfactorvegiment. $8,000 Incurred $108.000 of factory labor. 25 Time tickets indicated the following 17,000 hrs $12 Direct Labor $34.000 per hr 13.000 hrs x 58 per Indirect Labor hr 24.000 $108 000 25 Applied manufacturing overted to production based on a predetermined overhead rate of 57 per direct labd four world 28 Goods costing $18.000 were completed in the factory and were transferred to finished ods 30 Goods costing $15.000 were sold Using the grid below. record the transactions during the month of me (Enter negative amounts using either a negative sig precn the number es. -45 or parentheses es (450 Date June 1 Raw Materials inventory 3 20.000 Manufacturing Costs Factory Labor 3 Manufacturing Overhead 5 Bood 15 25 O ml?launchid=c60349dd-778b-49cc-a461-fa4c00df6772/question/ Question 4 of 5 0.15/ View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. 8 25 Finn Manufacturing Company uses a job order cost accounting system and keeps perpetual inventory records June Purchased raw materials for $20,000 Raw materials requisitioned by production Direct materials $8.000 Indirect materials 1000 15 incurred factory utilities $2.100 and repairstorfactorvegiment. $8,000 Incurred $108.000 of factory labor. 25 Time tickets indicated the following 17,000 hrs $12 Direct Labor $34.000 per hr 13.000 hrs x 58 per Indirect Labor hr 24.000 $108 000 25 Applied manufacturing overted to production based on a predetermined overhead rate of 57 per direct labd four world 28 Goods costing $18.000 were completed in the factory and were transferred to finished ods 30 Goods costing $15.000 were sold Using the grid below. record the transactions during the month of me (Enter negative amounts using either a negative sig precn the number es. -45 or parentheses es (450 Date June 1 Raw Materials inventory 3 20.000 Manufacturing Costs Factory Labor 3 Manufacturing Overhead 5 Bood 15 25 O 15 25 25 Indirect materials 1,000 Incurred factory utilities $2,100 and repairs for factory equipment, $8,000 Incurred $108,000 of factory labor. Time tickets indicated the following Direct Labor 0,000 hrs $12 $84,000 per hr) Indirect Labor (3.000 hrs $8 per hr) 24.000 $108,000 Applied manufacturing overhead to production based on a predetermined overhead rate of $7 per direct labor hour worked Goods costing $18,000 were completed in the factory and were transferred to finished goods. Goods costing $15,000 were sold. 25 28 30 Using the grid below, record the transactions during the month of June. (Enter negative amounts using either a negative sig preceding the numbers, 45 or parentheses es (451 Wo Date June 1 Raw Materials Inventory $ 20,000 Manufacturing Costs Factory Labor 1 Manufacturing Overhead $ B 8000 15 25 25 25 25 28 30 e Textbook and Media List of Accounts 1,000 15 25 25 Incurred factory utilities, $2,100 and repairs for factory equipment, $8,000. Incurred $108,000 of factory labor. Time tickets indicated the following Direct Labor 17.000 hrs $12 perhr) $84.000 Indirect Labor (3,000 hrs $8 per hr) 24,000 $100,000 Applied manufacturing overhead to production based on a predetermined overhead rate of $7 per direct labor hour worked Goods casting $18,000 were completed in the factory and were transferred to finished goods. Goods costing $15,000 were sold 25 28 30 Using the grid below, record the transactions during the month of June. (Enter negative amounts using either a negative sin preceding the number eg. 45 or parentheses es (451) Work in Process inventory Finished Goods Inventory Cost of Goods Sold ring Overhead e Textbook and Media List of Accounts

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