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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Consider the following transactions for Judy’s Sofas:
(a) Incurred and paid Web site expenses, $2,900.
(b) Incurred manufacturing wages of $15,000, 60% of which was direct labor and 40% of which was indirect labor.
(c)Purchased materials on account, $24,000.
(d) Used in production: direct materials, $9,500; indirect materials, $4,500.
(e) Recorded manufacturing overhead: depreciation on plant, $10,000; plant insurance, $1,300; plant property tax, $4,200 (credit Property tax payable).
(f) Allocated manufacturing overhead to jobs, 250% of direct labor costs.
(g) Completed production, $38,000.
(h) Sold inventory on account, $20,000; cost of goods sold, $10,000.
(i) Journalized the closing of the manufacturing overhead account.
Requirement
1. Journalize the transactions in Judy’s general journal.
Hel-----------lo -----------Sir-----------/Ma-----------dam----------- Â----------- -----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------sol-----------uti-----------on.-----------Ple-----------ase----------- pi-----------ng -----------me -----------on -----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be----------- ca-----------tch-----------