i Chrome File Edit View History Bookmarks People Window Help G . 100% Eia, Sat 3

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i Chrome File Edit View History Bookmarks People Window Help G . 100% Eia, Sat 3:30 AM Mitch Faylor ZergNet-Discover interesting × O Travel the Astral Planes . AST xy YI WileyPLUS × (e l Chegg.com Secure ! https://edugen.wileyplus.com/edugen/student/mainfr.uni stom writing Ser Omni VR Treadmill.-G CodeCombat Lear. The 796 Body Fat Di Illusions Continuous Old School Runese. HubSpot inbound E Companies Needing Q ACG 2021 ch. 4 Fa S Weygandt,Financial &Hanagerial; Accounting, 2e Pinancial and Managerial Aecounting (ACCTG 10 and 11) & Practice Gradebook ORI MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION ·BACK ! During the current month, Wacholz Company incurs the following manufoctuing costs. (a) Purchased ram materals of $17,800 on account (b) Incurred foctory labor of S38.200. Of that amount,31.400 reletes to wages pereble nd S6,800 relates to payro. taxes peytle C) Fectory ublitics o $3,800 are payable, prcp d foctory proporty taxes cr $2,810 have expined, and depreciation on the factory building is $9,800. Prepare sournal entrics for aach type of manufacturing cost. (Credit account tities are automaticaly indented when amount is entered. Do not indent manually.) Na. Aecount Titles and Explanation [Purchase: of raw materials on account) [To record factory labor costs) (e To record ovehcad costs Version 4.24.3.3

Explanation / Answer

Journal Entry Date Account titles & Explanations Debit Credit a) Raw materials inventory 17,800 Accounts payable 17,800 b) Factory labor 38,200 Factory wages payable 31,400 Employer payroll taxes payable 6,800 c) Manufacturing overhead 16,410 prepaid property taxes 2,810 Accumulated depreciation-buildings 9,800 Utilities payable 3,800

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