Problem 2-44 Name:
Select accounts from the drop-down lists in columns C and D. Insert amounts in the gray–
shaded cells of columns G, J, and L. If an anser is incorrect, the word “wrong” will appear.
a.
1) 800,000
To issue direct material to production
2) 720,000
To pay direct labor payroll
3) 232,500
To accrue indirect labor costs
4) 102,100
To depreciate factory assets
5) 32,800
To pay supervisors’ salaries
6) 25,400
To issue indirect materials to production
7) 1,749,300
To transfer completed work to finished goods
b. Work in Process Inventory
Beginning balance
18,900$
Direct materials 800,000
Direct labor 720,000
Overhead 270,000
Cost to account for 1,808,900$
Goods completed (1,749,300)
Ending balance 59,600$
Finished Goods Inventory
Work in Process Inventory
Manufacturing Overhead Control
Supplies Inventory
Manufacturing Overhead Control
Wages Payable
Manufacturing Overhead Control
Accumulated Depreciation
Manufacturing Overhead Control
Wages Payable
Work in Process Inventory
Cash
Solution
Journal Entries
Work in Process Inventory
Raw Material Inventory
Select accounts from the drop–down lists in columns C and D. Insert amounts in the gray-
shaded cells of columns G, J, and L. If an anser is incorrect, the word “wrong“ will appear.
800,000
720,000
232,500
102,100
32,800
25,400
1,749,300