please answer without image Barker Products is a job shop. The following events occurred in September:1. Purchased $13,400 of materials on account.2. Issued $14,900 in direct materials to the production department.3. Purchased $11,400 of materials on account.4. Issued $920 of supplies from the materials Inventory.5. Pald for the materials purchased in transaction (1).6. Pald $19,600 cash for utilities, power, equipment maintenance, and other miscellaneous items for the manufacturing plant.7. Incurred direct labor costs of $22,800, which were credited to Wages Payable.8. Issued $1,320 of supplies from the materials Inventory.9. Applied overhead on the basis of 85 percent of $22,800 direct labor costs.10. Recognized depreciation on manufacturing property, plant, and equipment of $12,000.The following balances appeared in the accounts of Barker Products for September:Materials InventoryWork-in-Process InventoryFinished Goods InventoryCost of Goods SoldBeginning$ 32,9006,14033,200EndingView transaction list$ 30,30054,100Required:a. Prepare journal entries to record the transactions.b. Prepare T-accounts to show the flow of costs during the period from Materials Inventory through Cost of Goods Sold.Complete this question by entering your answers in the tabs below.Required A Required BPrepare journal entries to record the transactions.Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.

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Description: please answer without image Barker Products is a job shop. The following events occurred in September:1. Purchased $13,400 of materials on account.2. Issued $14,900 in direct materials to the production department.3. Purchased $11,400 of materials on

For the purpose of keeping track of transactions, business organizations enter it into the journal.…

Answered: Barker Products is a job shop.

Business

Accounting

Barker Products is a job shop.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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