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Product Cost Flows Complete the following T-accounts: Hint: The first debit entry in the Manufacturing Overhead T-account relates to indirect materials. Materials Inventory Wages
Product Cost Flows Complete the following T-accounts: Hint: The first debit entry in the Manufacturing Overhead T-account relates to indirect materials. Materials Inventory Wages Payable 15,000 27200 20,000 27000 19,900 300 Work in Process Finished Goods Inventory Manufactured Overhead Inventory 5,000 65900 300 2,000 63900 63900 19900 3,000 27,000 15000 32,000 3,900 0 5,000 Cost of Goods Sold 65,900
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