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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 Sleek's Furniture:
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a. incurred and paid web site expenses, $2100
b. incurred and paid manufacturing wages, $17,000
c. purchased materials on account, $15,000
d. used in production: direct materials, $9,000; indirect materials, $1,500
e.assigned $17,000 of manufacturing labor to jobs, 55% of which was direct labor and 45% of which was indirect labor
f.recorded manufacturing overhead; depreciation on plant, $11,000; plant insurance, $1,000; plant property tax, $4,100 (credit property tax payable)
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g. allocated manufacturing overhead to jobs, 160% of direct labor costs
h. completed production, $32,000
i. sold inventory on account, $24,000; cost of goods sold, $16,000
Â
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Journalize the transactions in Sleek's GENERAL JOURNAL
Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll