cost accounting 3140

homwork problem show work,

show the asset equation for the direct Matrials, warehouse, and WIP, and FG warehouse, please help?

= 2-38. Self-Study Problem (to be done after lecture) the following account balances (in thousands) for the Carolina Corporation: 1. Show the asset equations for the Direct Materials warehouse, WIP, and FG warehouse. End of 2017 Beginning of 2017 124,000 173,000 240,000 Carolina Corporation Direct materials inventory Work-in-process inventory Finished-goods inventory Purchases of direct materials Direct manufacturing labor Indirect manufacturing labor Plant insurance Depreciation-plant, building, and equipment Plant utilities Repairs and maintenance-plant Equipment leasing costs Marketing, distribution, and customer- service costs General and administrative costs Solution: 1. 73,000 145,000 206,000 262,000 217,000 97,000 9,000 45,000 26,000 12,000 65,000 125,000 71,000 Dan S01