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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
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 $ 38,900 13,300 9,650 96,190 84,100 Costs incurred for the period Rau materials purchases Direct materials used Direct labor used Factory overhead (actual) Indirect materials used 100,900 Indirect labor used Predetermined overhead rate based on direct materials used 00% Other overhead costs 1. Complete the T-accounts for each of the three inventory accounts using the data provided in the above table 2. Compute overapplied or underapplied overhead Complete this question by entering your answers in the tabs below. Required 11 Required 21 Complete the T-accounts for each of the three inventory accounts using the data provided in the above table Raw Materials Inventory Work in Process Inventory + Finished Goods Inventory i $19,360 45,050 23,700 10,200 17,300 5,200
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