Brief Exercise 2-2 During January, its first month of operations, Dieker Company accumulated
the following manufacturing costs: raw materials $4,000 on account, factory labor $6,000 of
which $5,200 relates to factory wages payable and $800 relates to payroll taxes payable, and
utilities payable $2,000. Prepare separate journal entries for each type of manufacturing cost.
(Credit account titles are automatically indented when amount is entered. Do not indent
manually.) Date Account Titles and Explanation Debit Credit Jan. 31 To record purchase of raw
materials on account) 31 To record factory labor costs) 31 (To record entry for utilities payable)
Solution
Dear Student Thank you for using Chegg Please find below the answer
Statementshowing Computations Date Paticulars Debit Credit Jan 31 Raw Materials
Inventory 4,000.00 To Accounts payable 4,000.00 (To record purchase
of raw materials on Account) Jan 31 Factory Labour Dr 6,000.00 To Factory
wages payable 5,200.00 To Employer Payroll taxes payable 800.00
(To record factory labour costs) Jan 31 Manufacturing Overhead DR 2,000.00
To Utilities Payable 2,000.00 (To record entry for utilities payable).
Rapple "Scholarly Communications and the Sustainable Development Goals"
Brief Exercise 2-2 During January, its first month of operations, Die.pdf
1. Brief Exercise 2-2 During January, its first month of operations, Dieker Company accumulated
the following manufacturing costs: raw materials $4,000 on account, factory labor $6,000 of
which $5,200 relates to factory wages payable and $800 relates to payroll taxes payable, and
utilities payable $2,000. Prepare separate journal entries for each type of manufacturing cost.
(Credit account titles are automatically indented when amount is entered. Do not indent
manually.) Date Account Titles and Explanation Debit Credit Jan. 31 To record purchase of raw
materials on account) 31 To record factory labor costs) 31 (To record entry for utilities payable)
Solution
Dear Student Thank you for using Chegg Please find below the answer
Statementshowing Computations Date Paticulars Debit Credit Jan 31 Raw Materials
Inventory 4,000.00 To Accounts payable 4,000.00 (To record purchase
of raw materials on Account) Jan 31 Factory Labour Dr 6,000.00 To Factory
wages payable 5,200.00 To Employer Payroll taxes payable 800.00
(To record factory labour costs) Jan 31 Manufacturing Overhead DR 2,000.00
To Utilities Payable 2,000.00 (To record entry for utilities payable)
