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The following information is available for a custom manufacturer. Inventories Raw materials, beginning Work in process, beginning Finished goods, beginning Cost of goods manufactured Cost

The following information is available for a custom manufacturer.
Inventories
Raw materials, beginning
Work in process, beginning
Finished goods, beginning
Cost of goods manufactured
Cost of goods sold (not considering over- or
underapplied overhead)
Sales
Predetermined overhead rate based on direct materials used
Costs incurred for the period
Raw materials purchases
Direct materials used
Direct labor used
Factory overhead (actual)
Indirect materials used
Indirect labor used
Other overhead costs $19,460
45,250
23,800
10,300
17,400
5,300
Complete the T-accounts for each of the three inventory accounts using the data provided in the above table.
Compute overapplied or underapplied overhead.
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Complete the T-accounts for each of the three inventory accounts using the data phovided in the above table.
\table[[Raw Materials Inventory,],[Beginning,39,000,],[Purchases,19,460,],[,,],[,,45,250]]
\table[[Work in Process Inventory,,],[Beginning,13,400,],[Direct materials,45,250,],[Direct labor,23,800,],[,,]]
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