Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following T-accounts represent September activity Required: Compute the missing amounts indicated by the letters (a) through (). Materials Inventory BB (9/1) 8,500 (a) 4,000

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

The following T-accounts represent September activity Required: Compute the missing amounts indicated by the letters (a) through (). Materials Inventory BB (9/1) 8,500 (a) 4,000 (b) Work-In-Process Inventory BB (9/1) 23,100 179,000 (e) 121,000 90,500 EB (9/30) 19, 100 Cost of Goods Sold 396, 800 EB (9/30) 9,000 Finished Goods Inventory BB (9/1) 14,900 (e) (E) EB (9/30) Applied Overhead Control (d) Manufacturing Overhead Control 121,000 4,000 36,200 37,000 3, 300 Painment Wages Payable 124,300 (c) 36,200 Accumulated Depreciation-Plant & Equipment 201,100 BB (9/1) (h) 162,000 EB (9/30) 119,500 EB (9/30) Accounts Payable Material Suppliers 95,000 238,100 Prepaid Expenses 25,100 (i) BB (9/1) EB (9/30) 21,800 Materials Inventory 8,500 Beg. bal.(9/1) Beg bal.(9/1) 4,000 (e) Work-In-Process Inventory 23,100 179,000 121,000 90,500 19,100 End. bal.(9/30) 9.000 End, bal (9/30) Cost of Goods Sold Finished Goods Inventory 14,900 Beg. bal.(9/1) Beg bal.(9/1) (e) 396,800 396,800 End. bal.(9/30) End. bal(9/30) Applied Overhead Control Beg. bal.(9/1) Manufacturing Overhead Control 121,000 4,000 36,200 37,000 3,300 End. bal.(9/30) Wages Payable Accumulated Depreciation-Plant & Equipment Beg bal.(9/1) 201,100 Beg. bal.(9/1) 162,000 124,300 End bal.(9/30) 238,100 36,200 119,500 End, bal(9/30) Prepaid Expenses 25,100 Beg. bal (9/1) Accounts Payable-Material Suppliers Beg. bal.(9/1) 95,000 End. bal (9/30) 95.000 Endbal (9/30) 21,800

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals of Cost Accounting

Authors: William Lanen, Shannon Anderson, Michael Maher

3rd Edition

9780078025525, 9780077517359, 77517350, 978-0077398194

More Books

Students also viewed these Accounting questions

Question

What are the outcomes the client wants?

Answered: 1 week ago

Question

What has been done before?

Answered: 1 week ago