List of accounts

Tamarisk Ltd. manufactures industrial kitchen equipments. Tamarisk uses a normal job-costing system to allocate manufacturing overhead cost, based on the machine hours. The selected account balances are as follows: The budgeted manufacturing overhead costs and machine hours were $126,900 and 5,400 hours. The actual machine hours worked was 5,800 hours. The material requisition records showed that $88,800 of materials was used in the production. Prepare a schedule of cost of goods manufactured, using the amount of actual manufacturing overhead incurred. repare a schedule of cost of goods manufactured, using the amount of actual manufacturing overhead incurred. Direct Material Inventory Finished Goods Inventory Loss from Abnormal Spoilage Manufacturing Overhead Materials Control No Entry Required Overhead Cost Control Raw Materials Inventory Service Overhead Wages Payable Work-in-Process Inventory