Question
Analyze the following T-accounts: 1(Click the icon to view the T-accounts.) Determine the missing amounts. (Assume that material costs are recorded before labor costs.) Raw
Analyze the following T-accounts:
1(Click
the icon to view the T-accounts.)
Determine the missing amounts. (Assume that material costs are recorded before labor costs.)
Raw Materials Inventory |
| Work-in-Process Inventory |
| Finished Goods Inventory | |||||||||||||||
Bal. | 5,500 |
|
| Bal. | 1,000 |
|
| Bal. | 1,500 |
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| ||||||||
26,000 |
|
| (a) | (b) |
|
| 30,000 |
| (c) |
|
|
| (d) | ||||||
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|
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| 6,500 |
|
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| 11,550 |
|
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| ||
Bal. | 6,000 |
|
| Bal. | 10,050 |
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| Bal. | 5,500 |
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| ||||||||
| |||||||||||||||||||
Accumulated Depreciation |
| Accounts Payable |
| Wages Payable | |||||||||||||||
|
| 10,000 |
|
|
| 26,000 |
|
|
|
| (e) | ||||||||
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Manufacturing Overhead |
| Cost of Goods Sold |
|
| |||||||||||||||
4,500 |
| 11,550 | (g) |
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|
|
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| ||||||||||
1,200 |
|
| (f) |
| 4,150 |
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| |||||||
| 10,000 |
|
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| ||||
Bal. | 0 |
|
| Bal. | 30,150 |
|
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|
|
1: Data Table
Raw Materials Inventory |
| Work-in-Process Inventory |
| Finished Goods Inventory | |||||||||||
Bal. | 5,500 |
| Bal. | 1,000 |
| Bal. | 1,500 |
| |||||||
26,000 | (a) |
| (b) | 30,000 |
| (c) | (d) |
| |||||||
|
|
|
|
| 6,500 |
|
|
|
|
|
| ||||
|
|
|
|
| 11,550 |
|
|
|
|
|
| ||||
Bal. | 6,000 |
| Bal. | 10,050 |
| Bal. | 5,500 |
| |||||||
| |||||||||||||||
Accumulated Depreciation |
| Accounts Payable |
| Wages Payable | |||||||||||
| 10,000 |
|
| 26,000 |
|
| (e) |
| |||||||
|
|
|
|
|
|
|
|
|
|
|
| ||||
Manufacturing Overhead |
| Cost of Goods Sold |
|
| |||||||||||
4,500 | 11,550 |
| (g) |
|
|
|
| ||||||||
1,200 | (f) |
|
| 4,150 |
|
|
|
|
|
| |||||
| 10,000 |
|
|
|
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|
|
|
|
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| ||||
Bal. | 0 |
| Bal. | 30,150 |
|
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|
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