Chapter 16 Practice Problem #2 Directions: Arrange the below accounts in the cost flow order, by creating t accounts. Put the given numbers in the correct t accounts. Determine the unknown numbers, and the ending balance for each t account. Indicate whether factory overhead is overapplied or underapplied. Close out the overapplied or underapplied factory overhead to Cost of Goods Sold.

Chapter 16 Practice Problem \#2 Directions: Arrange the below accounts in the cost flow order. by creating t accounts. Put the given numbers in the correct t accounts. Determine the unknown numbers, and the ending balance for eoch t account. Indicate whether factory overheod is overopplied or underapplied. Close out the overapplied or underapplied factory overheed to Cost of Goods Sold