Please use titles under the "List of accounts" section! 1. Purchased raw materials...
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Accounting
Please use titles under the "List of accounts" section!
1. Purchased raw materials on account $52,800. 2. Raw materials of $45,500 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $9,600 was classified as indirect materials. 3. Factory labour costs incurred were $68,000. 4. Time tickets indicated that $55,100 was direct labour and $12,900 was indirect labour. 5. Manufacturing overhead costs incurred on account were $84,700. 6. Depreciation on the company's office building was $8,600. 7. Manufacturing overhead was applied at the rate of 150% of direct labour cost. 8. Goods costing $95,500 were completed and transferred to finished goods
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