Reference no: EM132824890

Problem 1: Prepare entries for manufacturing and nonmanufacturing cost Crawford corporation incurred the following transactions.

1. Purchase raw materials on account 46300.

2. Raw materials of 36000 were requisition to the factory. An analyst of materials requisitioned slips indicated that 6800 was classified as indirect materials.

3. Factory labour costs incurred were 59900 of which 51000 Pertained to factory wages payable at 8900 pertained to employer payroll taxes payable.

4. Time ticket indicated that 54000 was direct labour and 5900 was indirect labour.

5. Manufacturing overhead cost incurred on accounts were 80500.

6. Depreciation on the companies office building Was 8100.

7. Manufacturing overhead was applied at 150% of direct labour cost.