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On June 1, Westbrook Productions had beginning balances as shown in the Tminusaccounts below. Raw Materials Inventory 10,000 WorkminusinminusProcess Inventory 20,000 Finished Goods Inventory 25,000
On June 1, Westbrook Productions had beginning balances as shown in the
Tminusaccounts
below.
Raw Materials Inventory
| WorkminusinminusProcess Inventory
| ||||
Finished Goods Inventory
| Manufacturing Overhead
|
During June, the following transactions took place:
June 2: Issued $3,500 of direct materials and $700 of indirect materials to production.
June 13: Incurred $7,000 of direct factory labor cost and $14,300 of indirect factory labor cost.
What was the balance in the Manufacturing Overhead account following these transactions?
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