Answer

Debit Credit
i) Materials 35,600.00
Account payable 35,600.00
ii) Work in process 25,250.00
Factory overhead 1,300.00
Materials 26,550.00
iii) Work in process 200.00
Materials 200.00
iv) Accounts payable…… 225.00
Materials 225.00
v) Materials 1,215.00
Work in process 1,090.00
Factory overhead controls. 125.00
vi) Payroll 77,670.00
Accrued payroll 72,054.00
Withheld tax payable….. 5,616.00

vii) Work in process 66,870.00

Factory overhead control 10,800.00
Payroll 77,670.00
viii) Factory overhead control 1,550.00
Accumulated depreciation:
Buildings 750.00
Machinery….. 800.00

ix) Factory overhead control 1,600.00

Property taxes payable.. 750.00
Prepaid insurance…. 850.00
x) Work in process 22,680.00
Applied factory overhead 22,680.00
xi) Applied factory overhead 22,680.00
Cost of goods sold 636.80
Factory overhead control 23,316.80
xii) Finished goods 122,020.00
Work in process 1 22,020.00
xiii) Cost of goods sold 108,300.00
Finished goods 108,300.00
Account Receivable 159,750.00
Sales 159,750.00

*Alternate solution for(m):

Work in process….. 22,680.00
Factory overhead control 22,680.00

**Alternate solution for(n):

Cost of goods sold…. 636.80
Factory overhead control 636.80

*Alternate solution for(c): Debit factory overhead control if defects are not the fault of a
particular job.