Five selected transactions for the current month are indicated by letters in the following T accounts in a job order cost accounting system:
|
Materials |
Work in Process |
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|
(a) |
(a) |
(d) |
|
|
(b) |
|||
|
(c) |
|||
|
Wages Payable |
Finished Goods |
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|
(b) |
(d) |
(e) |
|
|
Factory Overhead |
Cost of Goods Sold |
||
|
(a) |
(c) |
(e) |
|
|
(b) |
|||
Describe each of the five transactions.