Oriole Corporation incurred the following transactions. 1. Purchased raw materials on account $40,760. 2. Raw...
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Oriole Corporation incurred the following transactions. 1. Purchased raw materials on account $40,760. 2. Raw Materials of $31,680 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $6,000 was classified as indirect materials. 3 Factory labor costs incurred were $52.720. 4. Time tickets indicated that $47,$20 was direct labor and $5,200 was indirect labor. 5. Manufacturing overhead costs incurred on account were $70,840 6. Depreciation on the company's office building was $7,120. 7. Manufacturine overhead was applied at the rate of 1500 of direct latior cont. 8. Goods costine $77,440 were completed and transterred to finished goods. 9. Finished goods costing $66,000 to manufacture were sold on account for $90,640. Journalite the transactions. Quat all debit entries before credit entries. Credit account tides are automaticolly indented when ancunt is entered. Do not indent manually. Oriole Corporation incurred the following transactions. 1. Purchased raw materials on account $40,760. 2. Raw Materials of $31,680 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $6,000 was classified as indirect materials. 3 Factory labor costs incurred were $52.720. 4. Time tickets indicated that $47,$20 was direct labor and $5,200 was indirect labor. 5. Manufacturing overhead costs incurred on account were $70,840 6. Depreciation on the company's office building was $7,120. 7. Manufacturine overhead was applied at the rate of 1500 of direct latior cont. 8. Goods costine $77,440 were completed and transterred to finished goods. 9. Finished goods costing $66,000 to manufacture were sold on account for $90,640. Journalite the transactions. Quat all debit entries before credit entries. Credit account tides are automaticolly indented when ancunt is entered. Do not indent manually

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