Record the following transactions in Micro Speakers’ general journal. a. Received bill for website..

Record the following transactions in Micro Speakers’ general journal. a. Received bill for website..

Record the following transactions in Micro Speakers’ general journal. a. Received bill for website expenses, $3,400. b. Incurred manufacturing wages, $15,000, 70% of which was direct labour and 30% of which was indirect labour. c. Purchased materials on account, $14,750. d. Used in production: direct materials, $7,000; indirect materials, $3,000. e. Recorded manufacturing overhead: depreciation on plant, $13,000; prepaid plant insurance expired, $1,700; plant property tax, $4,200 (credit Property Tax Payable). f. Allocated manufacturing overhead to jobs, 200% of direct labour costs. g. Cost of jobs completed during the month: $33,000. h. Sold all jobs (on account) completed during the month for $52,000. Assume a perpetual inventory system.

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