Homework Help Question & Answers

Larned Corporation recorded the following transactions for the just completed month. a. $90,000 in raw materials...


Larned Corporation recorded the following transactions for the just completed month. a. $90,000 in raw materials were purchas
View transaction list Journal entry worksheet > 1 2 3 4 ok $90,000 in raw materials were purchased on account. ht nces Note:
View transaction list Journal entry worksheet < 1 2 2 3 4 $88,000 in raw materials were used in production of this amount, $7
View transaction list Journal entry worksheet < 1 2 3 4 t Total labor wages of $112,000 were paid in cash. Of this amount, $1
View transaction list Journal entry worksheet < 1 2 3 4 > ok Depreciation of $199,000 was incurred on factory equipment t ces
Larned Corporation recorded the following transactions for the just completed month. a. $90,000 in raw materials were purchased on account b. $88,000 in raw materials were used in production of this amount, $76,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $112,000 were paid in cash. Of this amount, $104,100 was for direct labor and the remainder was for indirect labor. d. Depreciation of $199,000 was incurred on factory equipment. Required: Record the above transactions in journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 $90,000 in raw materials were purchased on account. Prey 1 of 6 Next >
View transaction list Journal entry worksheet > 1 2 3 4 ok $90,000 in raw materials were purchased on account. ht nces Note: Enter debits before credits Debit General Journal Transaction Credit a Record entry Clear entry View general Journal Prey 1 of 6 !! Next >
View transaction list Journal entry worksheet < 1 2 2 3 4 $88,000 in raw materials were used in production of this amount, $76,000 was for direct materials and the remainder was for indirect materials. ces Note: Enter debits before credits. General Journal Debit Credit Transaction b. Record entry Clear entry View general Journal < Prev 1 of 6 Next >
View transaction list Journal entry worksheet < 1 2 3 4 t Total labor wages of $112,000 were paid in cash. Of this amount, $104,100 was for direct labor and the remainder was for indirect labor. ces Note: Enter debits before credits. Transaction General Journal Debit Credit C Record entry Clear entry View general Journal Prey 1 of 6 Next >
View transaction list Journal entry worksheet < 1 2 3 4 > ok Depreciation of $199,000 was incurred on factory equipment t ces Note: Enter debits before credits Transaction General Journal Debit Credit d. Record entry Clear entry View general Journal 1 of 6 HO Prey Next >
0 0
Next > < Previous
Answer

This Homework Help Question: "Larned Corporation recorded the following transactions for the just completed month. a. $90,000 in raw materials..." No answers yet.

Be the First!

Request Answer

Request answer!

We need 10 more requests to produce the answer to this homework help question. Share with your friends to get the answer faster!

0 /10 have requested the answer to this homework help question.

Request! (Login Required) Share with friends


Once 10 people have made a request, the answer to this question will be available in 1-2 days.
All students who have requested the answer will be notified once they are available.
Know the answer?
Add Answer to:
Larned Corporation recorded the following transactions for the just completed month. a. $90,000 in raw materials...
Your Answer: Your Name: What's your source?
Similar Homework Help Questions
  • Larned Corporation recorded the following transactions for the just completed month. a. $89,000 in raw materials...

    Larned Corporation recorded the following transactions for the just completed month. a. $89,000 in raw materials were purchased on account. b. $87,000 in raw materials were used in production. Of this amount, $79,000 was for direct materials and the remainder was for indirect materials c. Total labor wages of $111,500 were paid in cash. Of this amount, $104,100 was for direct labor and the remainder was for indirect labor. d. Depreciation of $197,000 was incurred on factory equipment. Required: Record...

  • Larned Corporation recorded the following transactions for the just completed month. a $71,000 in raw materials...

    Larned Corporation recorded the following transactions for the just completed month. a $71,000 in raw materials were purchased on account b. $69,000 in raw materials were used in production. Of this amount, $56,000 was for direct materials and the remainder was for indirect materials. c Total labor wages of $127,000 were paid in cash. Of this amount, $102,600 was for direct labor and 32 the remainder was for indirect labor d. Depreciation of $195,000 was incurred on factory equipment. Required:...

  • Larned Corporation recorded the following transactions for the just completed month. a. $71,000 in raw materials...

    Larned Corporation recorded the following transactions for the just completed month. a. $71,000 in raw materials were purchased on account b. $69,000 in raw materials were used in production. Of this amount, $60,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $119,000 were paid in cash. Of this amount, $101,900 was for direct labor and the remainder was for indirect labor. d. Depreciation of $192,000 was incurred on factory equipment Required: Record...

  • Larned Corporation recorded the following transactions for the just completed month. $72,000 in raw materials were...

    Larned Corporation recorded the following transactions for the just completed month. $72,000 in raw materials were purchased on account. $70,000 in raw materials were used in production. Of this amount, $57,000 was for direct materials and the remainder was for indirect materials. Total labor wages of $117,500 were paid in cash. Of this amount, $103,500 was for direct labor and the remainder was for indirect labor. Depreciation of $199,000 was incurred on factory equipment. Required: Record the above transactions in...

  • Lamed Corporation recorded the following transactions for the just completed month. a. $80,000 in raw materials...

    Lamed Corporation recorded the following transactions for the just completed month. a. $80,000 in raw materials were purchased on account b. $71,000 in raw materials were used in production of this amount. $62.000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $112,000 were paid in cash. Of this amount, $101,000 was for direct labor and the remainder was for indirect labor. d. Depreciation of $175,000 was incurred on factory equipment. Required: Record...

  • Larned Corporation recorded the following transactions for the just completed month. a. $83,000 in raw materials...

    Larned Corporation recorded the following transactions for the just completed month. a. $83,000 in raw materials were purchased on account. b. $81,000 in raw materials were used in production. Of this amount, $72,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $112,500 were paid in cash. Of this amount, $101,400 was for direct labor and the remainder was for indirect labor. d. Depreciation of $195,000 was incurred on factory equipment. Required: Record...

  • Lamed Corporation recorded the following transactions for the just completed month. a. $80,000 in raw materials...

    Lamed Corporation recorded the following transactions for the just completed month. a. $80,000 in raw materials were purchased on account. b. $71,000 in raw materials were requisitioned for use in production. Of this amount, $62,000 was for direct materials and the remainder was for indirect materials c. Total labor wages of $112,000 were incurred. Of this amount, $101,000 was for direct labor and the remainder was for indirect labor d. Additional manufacturing overhead costs of $175,000 were incurred. Required: Record...

  • Larned Corporation recorded the following transactions for the just completed month. $89,000 in raw materials were...

    Larned Corporation recorded the following transactions for the just completed month. $89,000 in raw materials were purchased on account. $87,000 in raw materials were used in production. Of this amount, $78,000 was for direct materials and the remainder was for indirect materials. Total labor wages of $128,000 were paid in cash. Of this amount, $104,100 was for direct labor and the remainder was for indirect labor. Depreciation of $197,000 was incurred on factory equipment. Required: Record the above transactions in...

  • Larned Corporation recorded the following transactions for the just completed month. a. $71,000 in raw materials...

    Larned Corporation recorded the following transactions for the just completed month. a. $71,000 in raw materials were purchased on account. b. $69,000 in raw materials were requisitioned for use in production. Of this amount, $58,000 was for direct materials and the remainder was for indirect materials, c. Total labor wages of $112.000 were incurred. Of this amount. $ 102,200 was for direct labor and the remainder was for indirect labor. d. Additional manufacturing overhead costs of $194.000 were incurred. Required:...

  • 4 Journal entries Larned Corporation recorded the following transactions for the just completed month. a. $88,000...

    4 Journal entries Larned Corporation recorded the following transactions for the just completed month. a. $88,000 in raw materials were purchased on account. b. $86,000 in raw materials were used in production. Of this amount, $73,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $115,000 were paid in cash. Of this amount, $102,600 was for direct labor and the remainder was for indirect labor. d. Depreciation of $193,000 was incurred on factory...

Free Homework App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.