Flow of Manufacturing Costs Post the following cost data to the appropriate T-accounts to trace the flow of costs from the time they are incurred until the product is completed and sold. (Assume that purchases and expenses are credited to Cash or Accounts Payable.)

a. Direct materials purchased . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 60,000

b. Direct materials used . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50,000

c. Indirect materials purchased . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,000

d. Indirect materials used . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,000

e. Wages payable, direct . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60,000

f. Wages payable, indirect . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,000 g. Selling and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32,000 h. Actual manufacturing overhead costs other than indirect materials and indirect labor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25,000 i. Manufacturing overhead applied . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,000 j. Work-in-process completed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 120,000 k. Finished goods sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 135,000

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Beg. bal. Raw Materials Inventory 9,000 Work-in-Process Inventory Beg. bal. 30,000 Cash (Accounts Payable) Manufacturing Overhead Beg. bal. Finished Goods Inventory 20,000 Wages Payable Cost of Goods Sold Selling and Administrative Expenses