Purchased raw materials of $17,700 on account. (b) Incurred factory labor of $39,200. Of that amount, $29,400 relates to wages payable and $9,800 relates to payroll taxes payable. (c) Factory utilities of $3,600 are payable, prepaid factory property taxes of $2,510 have expired, and depreciation on the factory building is $9,600. Prepare journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (a) enter an account title to record purchases of raw materials on account enter a debit amount enter a credit amount enter an account title to record purchases of raw materials on account enter a debit amount enter a credit amount (Purchases of raw materials on account)

Journal Entries:

a) Debit Raw materials inventory $17,700

Credit Accounts payable $17,700

To record the purchase of raw materials on account.

b) Debit Payroll expense $39,200

Credit Wages payable $29,400

Credit Payroll taxes payable $9,800

To record payroll expense.

c) Debit Factory utilities expenses $3,600

Credit Utilities payable $3,600

To accrue factory utilities expenses.

Debit Factory property taxes of $2,510

Credit Cash $2,510

To record payment of property taxes.

Debit Depreciation Expense, Factory building $9,600

Credit Accumulated Depreciation, Factory building $9,600

To record depreciation expense.

Explanation:

1) Data and Analysis:

a) Raw materials inventory $17,700 Accounts payable $17,700

b) Payroll expense $39,200 Wages payable $29,400 Payroll taxes payable $9,800

c) Factory utilities $3,600 Utilities payable $3,600

Factory property taxes of $2,510 Cash $2,510

Depreciation Expense, Factory building $9,600 Accumulated Depreciation, Factory building $9,600

match each type of restriction with one of its effects.

a. land-use laws

b. labor laws

c. banking regulations

a. controlled development of towns and cities

b. protection of young workers

c. greater financial stability

decentralization can the employees to get more involved in the business decision making