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I need help with the T accounts I got most of it right but I can't see what I'm missing. the rest is just the

I need help with the T accounts I got most of it right but I can't see what I'm missing. the rest is just the info.

The following events occurred over the course of a year at Bramble Corp., which uses a job order costing system:

1. Direct materials purchases totaled $584,000. Bramble Corp tracks its direct materials separately from its indirect materials. Purchases were made on account.
2. $131,000 of indirect materials were used in production. Bramble uses a separate Supplies Inventory account for indirect materials.
3. $568,000 of direct materials were used in production.
4. The direct labor payroll was $791,000 (credit Wages Payable).
5. Other manufacturing overhead costs incurred during the year totaled $677,000.
6. Bramble applies overhead based on a predetermined overhead rate of $23 per machine hour. The company used 49,000 machine hours during the year.
7. During the year, Bramble transferred goods costing $2,440,000 into the Finished Goods Inventory account.
8.

Bramble sold products with a manufacturing cost of $2,398,000 to customers during the year.

image text in transcribedimage text in transcribed

1 Direct Materials Inventory 584,000 584,000 2. 131,000 131.000 3. 568,000 568,000 4. 791,000 791,000 Accounts Payable (To record purchase of direct materials) Manufacturing Overhead Supplies Inventory (To record use of indirect materials in production) Work in Process Inventory Direct Materials Inventory (To record use of direct materials in production) Work in Process Inventory Wages Payable (To record direct labor payroll) Manufacturing Overhead Accounts Payable (To record actual manufacturing overhead) Work in Process Inventory Manufacturing Overhead (To record applied manufacturing overhead) Finished Goods Inventory Work in Process Inventory (To record transfer of completed goods to Finished Goods Inventory) 5. 677,000 677,000 6. 1.127.000 1.127,000 7. 2.440,000 2.440,000 8. Cost of Goods Sold 2.398,000 Finished Goods Inventory 2,398,000 Prepare T-accounts for the following accounts: Direct Materials Inventory, Work in Process Inventory, Manufacturing Overhead Control, and Finished Goods Inventory. Record the transactions from part (a) in the T-accounts and calculate ending account balances. Assume the following beginning account balances (Post entries in order presented in the problem): Account Direct Materials Inventory Work in Process Inventory Finished Goods Inventory Balance $32,000 $25,000 $45,000 Direct Materials Inventory Bal. 32,000 584,000 568,000 Bal. 48.000 Work in Process Inventory Bal 25.000 (3) 568,000 791,000 1,127.000 2.440,000 Bal. Manufacturing Overhead 131,000 (6) 1,127.000 677,000 V Bal. Finished Goods Inventory Bal. 45.000 (7) 2.440,000 2.398,000 Bal. 87,000

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