Frankenreid Corporation uses a job costing system.Record the following transactions in Frankenreid Corporation's general journal for the current month:
a.Purchased raw materials on account, $15,000.
b.Requisitioned $19,700 of direct materials and $8,800 of indirect materials for use in production.
c.Factory payroll incurred, $142,000; 90% direct labour, 10% indirect labour.
d.Recorded depreciation expense factory equipment $19,000, and other manufacturing overhead of $28,600 (credit accounts payable).
e.Allocated manufacturing overhead costs based on 120% of direct labour cost.
f.Cost of completed production for the current month, $205,000.
g.Cost of finished goods sold, $190,000; selling price, $225,000 (all sales on account).
