1. for the quarter ended on september 30, cost of goods manufactured ( transaction h, in the table) was?

2. closing out MOH (transaction k. in the table) had the following impact on P/E:

A. $3 decrease to the balance

B. no impact to the balance

C. $19 increase to the balance

D. $3 increase to the balance

E. none of the above.

s uses a normal cost system to account for jobs it produces and closes out any over- or un erhead directly to Cost of Goods Sold at the end of each quarter. Beginning balances from the Sheet on July 1 are show September 30. The table uses the following abbreviations: n in the table below, along with ending balances in Work in Process and Finished Goods RM Raw Materials Inventory WIP Work in Process Inventory FG - Finished Goods Inventory MOH Manufacturing Overhead PP&E Property, Plant & Equipment A/P Accounts Payable R/E Retained Earnings Beg Beginning Balance End Ending Balance A summary of transactions completed in the quarter are shown below in $1,000's: a. Raw materials purchased on account b. Raw materials used in production (75% were direct, the remainder indirect) c. Salaries & wages paid in cash (70% direct; 10% indirect, 20% selling & admin) d. Depreciation on PP&E (90% manufacturing, the remainder selling & admin) e. Factory utility expenses paid on account f. Advertising expenses paid in cash g. Manufacturing overhead applied to production h. Cost of goods manufactured i. Cash sales to customers j. Cost of goods sold (unadjusted) k. Underapplied or overapplied overhead closed entirely to Cost of Goods Sold 71 80 100 10 58 269 2 To answer the two questions on the next page, enter the numbers relevant for each calculation into the table belowu positive numbers to designate increases to an account balance and negative numbers to designate decreases. If the n are not entered, you will not receive credit even if you choose the correct answers. Cash RM WIP FG MOH PP&E |-| A/P R/E b/b 38 10l S 250 19 31 a. k. 19