BRIEF EXERCISE 2

BRIEF EXERCISE 2 - BRIEF EXERCISE 2-2 Jan. 31 3,000 31...

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Jan. 31 Raw Materials Inventory. ....................................... 3,000 Accounts Payable. ......................................... 3,000 31 Factory Labor. ........................................................ 5,000 Factory Wages Payable. ................................ 4,500 Employer Payroll Taxes Payable. ................. 500 31 Manufacturing Overhead. ...................................... 2,000 Utilities Payable. ............................................. 2,000 BRIEF EXERCISE 2-3 Jan. 31 Work in Process Inventory. ................................... 2,600 Manufacturing Overhead. ...................................... 600 Raw Materials Inventory. ............................... 3,200 BRIEF EXERCISE 2-4 Jan. 31 Work in Process Inventory. ................................... 4,500 Manufacturing Overhead. ...................................... 500 Factory Labor. ................................................. 5,000
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This note was uploaded on 05/16/2011 for the course AC 303 taught by Professor Richardkido during the Spring '11 term at Chaminade University.

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BRIEF EXERCISE 2 - BRIEF EXERCISE 2-2 Jan. 31 3,000 31...

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