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Plese do Problem A i will upvote :)) A. You are to summarize the flow of manufacturing costs through the ledger accounts of Big Boy
Plese do Problem A i will upvote :))
A. You are to summarize the "flow" of manufacturing costs through the ledger accounts of Big Boy Bouncing Mfg. Co. for the month of March. Complete the following T accounts by entering summary amounts for the month in each of the blank spaces provided (lettered a through G). In addition to the amounts already shown in the T accounts, the following information is available: Direct materials Purchased during March........ $55,000 Direct Labor used during March ........ 45,000 Manufacturing Overhead cost incurred in March. 62,000 Cost of goods Sold ......... 145,000 Materials Inventory Work in Process Inventory A Beg. Bal. 6,000 82,000 D End. Bal. 52,000 End. Bal. 12,000 Finished Goods Inventory Beg. Bal. 38,000 F E B End. Bal. GStep by Step Solution
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