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A B C and D are correct, i just need help with E (beginning work in process inventory) and F (ending work in process inventory)
A B C and D are correct, i just need help with E (beginning work in process inventory) and F (ending work in process inventory) Mechanic Implements manufactures miscellaneous parts for building construction and maintenance. The company uses a normal job costing system and overhead is applied on the basis of direct labor cost. Any over-or underapplied overhead is written off to Cost of Goods Sold monthly. The following journal entries have been recorded in September. (Assume summary entries are made once each month.) This entry does not include any over- or underapplied overhead. Over- oc underapplied overhead is written off to Cost of Goods Sold once for the month. For September, the amount written off was 10 percent of overhead applied for September. The Work-in-Process Inventory ending account balance on September 30 was twice the beginning balance. The Direct Materials Inventory ending balance on September 30 was $20,600 less than the beginning batance. The Finshed.Goods inventory ending batance on September 30 was $5,250. The September income statement shows Cost of Goods Sold of $79.450 Required: a. What was the Finished Goods Inventory balance on September 1 ? b. How much manufacturing overhead was applied for September? c. What was the manufacturing overhead rate for September? d. How much manufacturing overhead was incurred in September? e. What was the Work-in-Process inventory balance on September 1 ? f. What was the Work-in-Process Inventory balance on September 30 ? Complete this question by entering your answers in the tabs below. What was the Work-In-Process Inventory balance on September 17 Required: a. What was the Finished Goods Inventory balance on September 1 ? b. How much manufacturing overhead was applied for September? c. What was the manufacturing overhead rate for September? d. How much manufacturing overhead was Incurred in September? e. What was the Work-in-Process Inventory balance on September 1 ? f. What was the Work-in-Process Inventory balance on September 30 ? Complete this question by entering your answers in the tabs below. What was the Work-In-Process Inventory balance on September 30 ? Required: a. What was the Finished Goods Inventory balance on September 1 ? b. How much manufacturing overhead was applied for September? c. What was the manufacturing overhead rate for September? d. How much manufacturing overhead was incurred in September? e. What was the Work-in-Process Inventory balance on September 1 ? f. What was the Work-in-Process Inventory balance on September 30? Complete this question by entering your answers in the tabs below. What was the Finished Goods Inventory balance on September 1 ? Required: a. What was the Finished Goods Inventory balance on September 1? b. How much manufacturing overhead was applied for September? c. What was the manufacturing overhead rate for September? d. How much manufacturing overhead was incurred in September? e. What was the Work-in-Process Inventory balance on September 1? f. What was the Work-in-Process Inventory balance on September 30 ? Complete this question by entering your answers in the tabs below. How much manufacturing overhead was applied for September? Required: a. What was the Finished Goods Inventory balance on September 1? b. How much manufacturing overhead was applied for September? c. What was the manufacturing overhead rate for September? d. How much manufacturing overhead was incurred in September? e. What was the Work-in-Process Inventory balance on September 1? f. What was the Work-in-Process Inventory balance on September 30 ? Complete this question by entering your answers in the tabs below. What was the manufacturing overhead rate for September? Required: a. What was the Finished Goods Inventory balance on September 1? b. How much manufacturing overhead was applied for September? c. What was the manufacturing overhead rate for September? d. How much manufacturing overhead was incurred in September? e. What was the Work-in-Process Inventory balance on September 1 ? f. What was the Work-in-Process Inventory balance on September 30 ? Complete this question by entering your answers in the tabs below. How much manufacturing overhead was incurred in September
A B C and D are correct, i just need help with E (beginning work in process inventory) and F (ending work in process inventory)
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