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6) The following partially completed T-accounts are for Stanford Corporation: Bal Raw Materials 7,000 (2) 19,000 24,000 (1) Work In Process 11,000 (7) 15,000 18,000
6) The following partially completed T-accounts are for Stanford Corporation: Bal Raw Materials 7,000 (2) 19,000 24,000 (1) Work In Process 11,000 (7) 15,000 18,000 31,000 Bal Finished Goods 18,000 62,000 15,000 Manufacturing Overhead 9,000 (6) 16,000 8,000 5,000 31,000 Accumulated Depreciation -- Factory 82,000 16,000 Sales Salaries Expense 11,000 Accounts Payable 19,000 5,000 Salaries and Wages Payable 7,000 37,000 The cost of goods manufactured is: A) $82,000 B) $64,000 C) $71,000 D) $62,000
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