Al Ahlia Corporation incurred the following transactions. Purchased raw materials on account $56,300. Raw Materials of $46,800 were requisitioned to the factory. An analysis of the materials...

Al Ahlia Corporation incurred the following transactions.

1. Purchased raw materials on account $56,300.


2. Raw Materials of $46,800 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $7,500 was classified as indirect materials.

• Factory labor costs incurred were $54,800, of which $50,000 pertained to factory wages payable and $4,800 pertained to employer payroll taxes payable.

1. Time tickets indicated that $48,000 was direct labor and $6,800 was indirect labor.


2. Overhead costs incurred on account were $90,500.


3. Manufacturing overhead was applied at the rate of 165% of direct labor cost.

• Goods costing $98,000 were completed and transferred to finished goods.


• Finished goods costing $85,000 to manufacture were sold on account for $101,500.

Instructions

Journalise the transactions