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Product Cost Flows Complete the following T-accounts: Materials Inventory 320 Answer Answer 18120 250 Wages Payable 9,000 300 Finished Goods Inventory 1,500 Answer Answer 1,200
Product Cost Flows
Complete the following T-accounts:
| Materials Inventory | |||
|---|---|---|---|
| 320 | |||
| Answer
| Answer
| ||
| 18120 | |||
| 250 | |||
| Wages Payable | |||
|---|---|---|---|
| 9,000 | |||
| 300 | |||
| Finished Goods Inventory | |||
|---|---|---|---|
| 1,500 | Answer
| ||
| Answer
| |||
| 1,200 | |||
| Manufactured Overhead | |||
|---|---|---|---|
| 50 | Answer
| ||
| Answer
| |||
| 18,000 | |||
| 4,500 | |||
| 0 | |||
| Work in Process Inventory | |||
|---|---|---|---|
| 1,000 | Answer
| ||
| Answer
| |||
| 9,000 | |||
| Answer
| |||
| 500 | |||
| Cost of Goods Sold | |||
|---|---|---|---|
| Answer
| |||
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1st Edition
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