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just ignore the random answers i put in, i didnt know what to do Eppich Corporation has provided the following data for the most recent
just ignore the random answers i put in, i didnt know what to do
Eppich Corporation has provided the following data for the most recent month: Raw materials, beginning balance Work in process, beginning balance Finished Goods, beginning balance $ 22,000 $ 33.000 $ 51,400 Transactions (1) Raw materials purchases (2) Raw materials used in production (all direct materials) (2) Direct labor Manufacturing overhead costs incurred (5) Manufacturing overhead applied (6) cost of units completed and transferred from Work in Process to Finished Goods (7) Any overapplied or under applied manufacturing overhead is closed to cost of Goods sold (3) Hinished goods are sold Required: Complete the following Taccounts by recording the beginning balances and each of the transactions listed above $ 78,000 $78,200 $ 53,400 $94.000 $ 73,400 190,000 2 $ 223,600 Required: Complete the following T-accounts by recording the beginning balances and each of the transactions listed above. Raw Materials Work in Process Credit Credit Debit Beginning Balance (1) 22,000 78,800 Debit Beginning Balance (3) 33,400 53.400 78.200 2) Ending Balance 22,600 Ending Balance 86,800 Finished Goods Credit Manufacturing Overhead Dobit Beginning Balance Dobit Beginning Balance Credit Ending Balance Ending Balance 0 Finished Goods Credit Manufacturing Overhead Debit Beginning Balance Debit Beginning Balance Credit 0 Ending Balance Ending Balance Cost of Goods Sold Credit Debit Beginning Balance Ending Balance Step by Step Solution
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