HANDOUT FLOW OF COSTS
McKeever Auto EV manufactures parts for electric cars. McKeever Auto reports the following for September:
tableTRANSACTIONAMcKeever Auto purchases $ in raw materials on accountcreditBMcKeever Auto pays $ in cash for factory electricity.CtableMcKeever Auto owes its factory assembly line laborers $hint: has not paid them yet, but willin futureDMcKeever Auto paid $ cash in Research and Development R&D costs.EtableMcKeever Auto incurs $ in depreciation on factory equipment hint: Accumulated Depreciationis Credit entryFtableMcKeever Auto's monthly insurance on the factory building is $ The insurance was paid in alump sum payment in July Hint: we used $ from the prepaid insurance account, which is creditentryGtableMcKeever Auto uses a total of $ worth of raw materials in production. Of that amount, $
