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Problem 7-50 (Algo) Assigning Costs: Missing Data (LO 7-2, 3) The following T-accounts represent September activity. Required: Compute the missing amounts indicated by the letters
Problem 7-50 (Algo) Assigning Costs: Missing Data (LO 7-2, 3) The following T-accounts represent September activity. Required: Compute the missing amounts indicated by the letters (a) through (i). Materials Inventory BB (9/1) 8,000 (a) 4,700 (b) Work-In-Process Inventory BB (9/1) 20,900 179,200 (e) 121,000 84,300 EB (9/30) 16,100 Cost of Goods Sold 396,400 EB (9/30) 9,000 Finished Goods Inventory BB (9/1) 13,200 (e) (f) EB (9/30) (g) Applied Overhead Control (d) Manufacturing Overhead Control 121,000 4,700 36,200 35,400 3,600 Wages Payable 124,300 (c) 36,200 Accumulated DepreciationPlant & Equipment 203,700 BB (9/1) (h) 162,000 EB (9/30) 119,500 EB (9/30) Accounts Payable-Material Suppliers 90,000 239,100 Prepaid Expenses 24,100 (i) BB (9/1) EB (9/30) 20,500 Materials Inventory 8,000 Beg. bal.(9/1) Beg. bal.(9/1) 4,700 Work-In-Process Inventory 20,900 179,200 389,300|(e) 121,000 84,300 16,100 End. bal.(9/30) 9,000 End. bal.(9/30) Finished Goods Inventory Cost of Goods Sold Beg. bal.(9/1) 13,200 Beg. bal.(9/1) (e) 396,400 396,400 End. bal.(9/30) End. bal.(9/30) Applied Overhead Control Beg. bal.(9/1) Manufacturing Overhead Control 121,000 4,700 36,200 35,400 End. bal.(9/30) 0 0 3,600
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