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Problem 7-53 (Algo) Assigning Costs: Missing Data (LO 7-1, 2) The following T-accounts for the Fltzpatrick Company represent April actlvity. Requlred: begin{tabular}{|c|c|c|c|c|c|c|c|} hline multicolumn{4}{|c|}{ Materials

image text in transcribedimage text in transcribed Problem 7-53 (Algo) Assigning Costs: Missing Data (LO 7-1, 2) The following T-accounts for the Fltzpatrick Company represent April actlvity. Requlred: \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Materials Inventory } & \multicolumn{4}{|c|}{ Work-in-Process Inventory } \\ \hline \multicolumn{2}{|l|}{ Debit } & \multicolumn{2}{|c|}{ Credit } & \multicolumn{2}{|l|}{ Debit } & \multicolumn{2}{|c|}{ Credit } \\ \hline Beginning Balance (4/1) & 16,300 & & & Beginning Balance (4/1) & 20,400 & & \\ \hline \multirow[t]{3}{*}{ (a) } & & 5,100 & & & 161,300 & & (e) \\ \hline & & & (b) & & 109,000 & & \\ \hline & & & & & 86,500 & & \\ \hline Ending Balance (4/30) & 17,700 & & & Ending Balance (4/30) & 20,700 & & \\ \hline \multicolumn{4}{|c|}{ Finished Goods Inventory } & \multicolumn{4}{|c|}{ Cost of Goods Sold } \\ \hline \multicolumn{2}{|l|}{ Debit } & \multicolumn{2}{|c|}{ Credit } & \multicolumn{2}{|l|}{ Debit } & \multicolumn{2}{|c|}{ Credit } \\ \hline Beginning Balance (4/1) & 15,100 & & & Beginning Balance (4/1) & & & \\ \hline (e) & & & (f) & & 346,400 & & \\ \hline Ending Balance (4/30)(g) & & & & Ending Balance (4/30) & 346,400 & & \\ \hline \multicolumn{4}{|c|}{ Applied Overhead Control } & \multicolumn{4}{|c|}{ Manufacturing Overhead Control } \\ \hline \multicolumn{2}{|l|}{ Debit } & \multicolumn{2}{|c|}{ Credit } & \multicolumn{2}{|l|}{ Debit } & \multicolumn{2}{|c|}{ Credit } \\ \hline \multirow[t]{3}{*}{ Beginning Balance (4/1) } & & & & & 115,400 & & \\ \hline & & & (d) & & 5,100 & & \\ \hline & & & & & 31,900 & & \\ \hline \multirow[t]{2}{*}{ Ending Balance (4/30)} & & & & & 17,200 & & \\ \hline & & & & & 3,800 & & \\ \hline \multicolumn{4}{|c|}{ Wages Payable } & \multicolumn{4}{|c|}{ Accumulated Depreciation-Plant and Equipment } \\ \hline \multicolumn{2}{|l|}{ Debit } & \multicolumn{2}{|c|}{ Credit } & \multicolumn{2}{|l|}{ Debit } & \multicolumn{2}{|c|}{ Credit } \\ \hline \multirow[t]{3}{*}{ Beginning Balance (4/1)} & & 107,100 & & Beginning Balance (4/1) & & 182,600 & \\ \hline & 148,200 & & (c) & & & & (h) \\ \hline & & 31,900 & & & & & \\ \hline Ending Balance (4/30) & & 98,300 & & Ending Balance (4/30) & & 199,800 & \\ \hline \multicolumn{4}{|c|}{ Accounts Payable-Material Suppliers } & \multicolumn{4}{|c|}{ Prepaid Expenses } \\ \hline Debit & & & redit & Debit & & & edit \\ \hline Beginning Balance (4/1) & & & & Beginning Balance (4/1) & 21,600 & & \\ \hline & & 91,500 & & & & & (i) \\ \hline Ending Balance (4/30) & & 91,500 & & Ending Balance (4/30) & 17,800 & & \\ \hline \end{tabular}

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