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Business, 19.02.2020 03:29 diiamondgraham1

Analyzing Manufacturing Cost Accounts Fire Rock Company manufactures designer paddle boards in a wide variety of sizes and styles. The following incomplete ledger accounts refer to transactions that are summarized for June: Materials June 1 Balance 38,900 June 30 Requisitions (A) June 30 Purchases 156,200 Work in Process June 1 Balance (B) June 30 Completed jobs (C) June 30 Materials (D) June 30 Direct labor (E) June 30 Factory overhead applied (F) Finished Goods June 1 Balance 0 June 30 Cost of goods sold (G) June 30 Completed jobs (H) Wages Payable June 30 Wages incurred 127,500 Factory Overhead June 1 Balance 22,000 June 30 Factory overhead applied (I) June 30 Indirect labor (J) June 30 Indirect materials 20,800 June 30 Other overhead 66,900

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