Reference no: EM132546647

Question - Assume that the following transactions were received from the record of Almda Textile Factory for the month of June, 2014. a. Purchase of materials (Direct and indirect) Br. 89,000 on account b. Materials sent to mfg plant floor - Direct materials Br. 81,000, indirect materials Br. 4000 c. Manufacturing wages incurred : Direct Br. 39,000, Indirect Br. 15,000 d. Payment of Total manufacturing payroll for the month Br. 54,000 e. Additional manufacturing overhead costs incurred during the month consists of utilities and repairs Br. 25,000 and accumulated depreciation on factory plant Br. 50,000 f. Allocation of manufacturing OH to production Br. 80,000 g. Goods costing Br. 188,000 were completed during the period h. Goods costing Br. 180,000 were sold on account for Br. 220,000 i. The factory incurred the following non manufacturing expenses last month: Br. 2, 000 commissions to sales agent, Br. 1,000 advertising expenses, Br. 3,000 depreciation on office equipment and Br. 1,500 other selling and administrative expenses.

Instruction - Prepare the necessary Journal entries from the above information.