Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 5 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 21 Aug 2017 My Price 6.00

Grill Corporation

Grill Corporation incurred the following transactions.

  1. Purchased raw materials on account $45,235.

  2. Raw Materials of $35,900 were requisitioned to the factory. An analysis of the mate-

    rials requisition slips indicated that $6,300 was classified as indirect materials.

  3. Factory labor costs incurred were $56,900, of which $52,000 pertained to factory

    wages payable and $4,900 pertained to employer payroll taxes payable.

  4. Time tickets indicated that $49,000 was direct labor and $7,900 was indirect labor.

  5. Overhead costs incurred on account were $80,500.

  6. Manufacturing overhead was applied at the rate of 120% of direct labor cost.

  7. Goods costing $88,000 were completed and transferred to finished goods.

  8. Finished goods costing $83,000 to manufacture were sold on account for $119,300.

Instructions

Journalize the transactions. (Omit explanations.)

Answers

Maurice Tutor
(5)
Status NEW Posted 21 Aug 2017 05:08 PM My Price 6.00

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