Pr 3-24 solution

Pr 3-24 solution - Problem 324 (90 minutes) 1. a. b. Raw...

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Problem 3-24  (90 minutes) 1. a. Raw Materials. ................................................................ 820,000 Accounts Payable. .................................................. 820,000 b. Work in Process. ............................................................. 817,000 Manufacturing Overhead. ............................................... 13,000 Raw Materials. ........................................................ 830,000 c. Work in Process. ............................................................. 140,000 Manufacturing Overhead. ............................................... 60,000 Salaries and Wages Payable. ................................. 200,000 d. Salaries Expense. ........................................................... 150,000 Salaries and Wages Payable. ................................. 150,000 e. Prepaid Insurance. .......................................................... 38,000 Cash. ....................................................................... 38,000 Manufacturing Overhead. ............................................... 39,400 Insurance Expense. ........................................................ 600 Prepaid Insurance. .................................................. 40,000 f. Marketing Expense. ........................................................ 100,000
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This note was uploaded on 06/24/2011 for the course FMGT 2294 taught by Professor Jeyakumar during the Spring '10 term at Langara.

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Pr 3-24 solution - Problem 324 (90 minutes) 1. a. b. Raw...

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