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Analyze the following T-accounts: (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: (Click the icon to view the T-accounts.) Determine the missing amounts. (Assume that material costs are recorded before labor costs.) Raw Materials Inventory Bal 1,000 Work-in-Process Inventory Bal. 5,000 (b) 32,000 5,000 Bal. Finished Goods Inventory 3,500 (d) 31,000 (a) (c) 8,250 Bal 13,500 Bal. 1,250 Bal. 6,500 Accumulated Depreciation 10,000 Accounts Payable 31,000 Wages Payable (e) Manufacturing Overhead 3,500 8.250 Cost of Goods Sold (9) 500 5,750 10,000 T- 0 Data Table vie a Raw Materials Inventory Bal. In 1,000 Work-in-Process Inventory Bal. 5,000 (b) 32,000 5,000 Finished Goods Inventory Bal. 3,500 31,000 (a) 8,250 Bal. 13,500 Bal. 1,250 Bal. 6,500 Accumulated Depreciation 10,000 Accounts Payable Wages Payable EP 31,000 Cost of Goods Sold Manufacturing Overhead 3,500 8,250 500 (0) (9) 5,750 10,000 Bal. 0 Bal. 34,750 d Print Done Clear RII es/Mattison: Horngren's Accounting, 13e Rights Reserved
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