Question
Selected ledger accounts of Moore Company are given below for the past year: Raw Materials 55,000 Credits ? Debits Manufacturing Overhead 280,000 Credits Bal.
Selected ledger accounts of Moore Company are given below for the past year: Raw Materials 55,000 Credits ? Debits Manufacturing Overhead 280,000 Credits Bal. 1/1 Debits 124,000 Bal. 12/31 27,400 Work in Process Bal. 1/1 20,800 Direct materials 92,400 Direct labour 153,200 Overhead 275,760 Bal. 12/31 Credits 474,000 Debits Finished Goods Bal. 1/1 43,200 Credits ? Debits Debits ? Bal. 12/31 63,200 Factory Wages Payable 185,800 Bal. 1/1 Credits 9,800 181,600 Bal. 12/31 5,600 Cost of Goods Sold ?
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077400163
