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fatmata tunay Week 4 Flow of Costs due Sept 16 (1) . Protected View . Saved. e Search n Layout References Mailings Review View Help

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fatmata tunay Week 4 Flow of Costs due Sept 16 (1) . Protected View . Saved. e Search n Layout References Mailings Review View Help Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View Enable Editing redentials are out of date. Please sign in as turayfomail.uc.edu so we can verify your subscription Sign In It would really benefit you if you reviewed the handout and watched Video #1 (Flow of Costs) from the Chapters 2 and 3 Module. Hawkins Motor Company manufactures cars. There was no beginning inventory in Raw Materials, Work in Process, or Finished Goods on September 1. During September, the company purchased 10,000 batteries at a cost of $50 per battery ($500,000). During September, Hawkins withdrew 8,000 batteries from the warehouse during the month. Of these, 500 were used to replace the batteries in the cars used by traveling sales staff. The remaining 7.500 batteries were put into cars manufactured during the month. Of the cars put into production during September, 75% were completed and transferred to the company's storage lot. Of the cars completed during the month, 80% were sold by September 30th Required Determine the cost of the batteries that would appear in each of the following accounts at September 30th Please note that the five categories should add up to $500,000 which is 10,000 batteries at $50 per battery. Your answer should be in dollars, not in batteries. I did the Selling Expense for you. Raw Materials Inventory Work in Process Inventory Finished Goods Inventory Cost of Goods Sold Selling Expense Total cost 500 x $50 = $25,000 $500,000 D.Focus

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