Question
Selected T-accounts for Rolm Company are given below for the just completed year: Raw Materials Manufacturing Overhead Bal. 1/1 38,000 Credits ? Debits 388,000 Credits
| Selected T-accounts for Rolm Company are given below for the just completed year: |
| Raw Materials | Manufacturing Overhead | |||
| Bal. 1/1 38,000 | Credits ? | Debits 388,000 | Credits ? | |||
| Debits 450,000 |
| |||||
| Bal. 12/31 55,000 |
|
| Work in Process | Factory Wages Payable | |||
| Bal. 1/1 79,000 | Credits 780,000 | Debits 177,000 | Bal. 1/1 10,000 | |||
| Direct materials 328,000 | Credits 181,000 | |||||
| Direct labor 119,000 | ||||||
| Overhead 420,000 |
| Bal. 12/31 14,000 | ||||
| Bal. 12/31 ? |
| Finished Goods | Cost of Goods Sold | |||
| Bal. 1/1 47,000 | Credits ? | Debits ? | ||||
| Debits ? |
| |||||
| Bal. 12/31 138,000 |
|
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Edi Audit And Control
Authors: I. Walden, A. Braganza
3rd Edition
1855542080, 978-1855542082
