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Jx Accessibility tab summary: Information for a company is presented in cells A4 to E B 2 The following information is available for a
Jx Accessibility tab summary: Information for a company is presented in cells A4 to E B 2 The following information is available for a custom manufacturer 3 4 Inventories 4567 Raw materials, beginning C $38,000 Work in process, beginning 12,400 Finished goods, beginning 8,750 8 Cost of goods manufactured 95,290 Cost of goods sold (not considering over- 9 or underapplied overhead) 83,200 10 Sales 100,000 Predetermined overhead rate based on 123456 11 direct materials used 80% 12 Costs incurred for the period Raw materials purchases $18,450 Direct materials used 43,250 Direct labor used 22,800 Factory overhead (actual) 17 Indirect materials used 9,300 18 Indirect labor used 16,400 19 Other overhead costs 4,300 20 21 Required: 22 1. Complete the T-accounts for each of the three inventory accounts using the data provided in the above table. 23 24 (Use cells A4 to E11 from the given information to complete this question.) 25 26 27 Beginning 28 29 30 Ending 31 Raw Materials Inventory 32 33 Beginning 34 Work in Process Inventory 35 36 37 Ending 38
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