(To assign to jobs J57 & K52) 1,990 12/9 Work in Process Inventory 1,990 Manufacturing Overhead (To assign overhead to jobs J57 & K52) 65,000 12/12 Factory Labor 65,000 Cash (To record factory labor costs and payment) 9,000 12/13 Manufacturing Overhead 9,000 Cash (To record payment of factory water bill) 3,459 12/14 Work in Process Inventory 3,459 Raw Materials Inventory (To assign materials to jobs J57 & K52) GENERAL JOURNAL DEBIT CREDIT 99 12/15 Work In Process 99 Factory Labor (To assign labor to jobs J57 & K52 1,990 12/15 Work in Process Inventory 1,990 Manufacturing Overhead (To assign overhead to jobs J57 & K52) 15,647 12/15 Finished Goods Inventory 15,647 Work in Process Inventory (To record completion of jobs J57 & K52) 50,000 12/18 Finished Goods Inventory 50,000 Work in Process Inventory (To record completion of jobs) 12,000 12/21 Manufacturing Overhead 12,000 Cash (To record payment of factory electric bill) 36,800 12/31 Manufacturing Overhead 12,000 Property Taxes Payable 8,800 Prepaid Insurance 16,000 Accumulated Depreciation (To record overhead costs) (c) 3,600 12/31 Cost of Goods Sold
(To assign to jobs J57 & K52) 12/9 Work in Process Inventory 1,990 Manufacturing Overhead 1,990 (To assign overhead to jobs J57 & K52) 12/12 Factory Labor 65,000 Cash 65,000 (To record factory labor costs and payment) 12/13 Manufacturing Overhead 9,000 Cash 9,000 (To record payment of factory water bill) 12/14 Work in Process Inventory 3,459 Raw Materials Inventory 3,459 (To assign materials to jobs J57 & K52) GENERAL JOURNAL DEBIT CREDIT 12/15 Work In Process 99 Factory Labor 99 (To assign labor to jobs J57 & K52 12/15 Work in Process Inventory 1,990 Manufacturing Overhead 1,990 (To assign overhead to jobs J57 & K52) 12/15 Finished Goods Inventory 15,647 Work in Process Inventory 15,647 (To record completion of jobs J57 & K52) 12/18 Finished Goods Inventory 50,000 Work in Process Inventory 50,000 (To record completion of jobs) 12/21 Manufacturing Overhead 12,000 Cash 12,000 (To record payment of factory electric bill) 12/31 Manufacturing Overhead 36,800 Property Taxes Payable 12,000 Prepaid Insurance 8,800 Accumulated Depreciation 16,000 (To record overhead costs) (c) 12/31 Cost of Goods Sold 3,600
solution-manual-managerial-accounting-6th-edition-weygandt.docx