Accounting

Required information The following partially completed T-accounts summarize last year's transactions for Kelshaw Company: Raw Materials Accounts Payable Work in Process Beg Bal 4,000 20,000 (2) 18,000 (1) Beg Bal 8,000 50,000 (7) (1) 18,000 4,000 (5) (2) 12.000 (4) 15,000 (6) 28,000 Finished Goods Manufacturing Overhead Wages & Salaries Payable Beg Bal 17,000 (2) 8,000 28,000 (6) 6,000 Beg Bal (7) 50,000 (3) 12,000 30,000 (4) End Bal 12,000 (4) 5,000 (5) 4,000 Sales Salaries Cost of Goods Accumulated Amortization Expense Sold (Factory) (4) 10,000 90,000 Beg Bal 12,000 (3 At the end of the year, the company closes out the balance in the Manufacturing Overhead account to Cost of Goods Sold. + in the tvRequired information Multiple Choice O $55,000 O $50,000 O $56,000 O $61,000 CO What is the manufacturing overhead applied? Multiple Choice $27,000 $28,000 $29,000 O $36,000 JUN tv 17 4