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whats the t account for mfg oh a Watch Th x Quiz: Ex x M ZOOM LIX IM Acadex FRX109 Harmonix Exam #1_Four_Qs.xlsx - Trio

image text in transcribed whats the t account for mfg oh
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a Watch Th x Quiz: Ex x M ZOOM LIX IM Acadex FRX109 Harmonix Exam #1_Four_Qs.xlsx - Trio Office Calc File Edit View Insert Format Styles Sheet Data Tools Window Help Igg Abc === Calibri 11 a aa a # E = B54 D E B A 1 During May, Sharpton Corporation recorded the following: 2 3 $ 18,000 $ 32,000 $ 56,000 4 5 a Raw materials, beginning balance Work in process, beginning balance Finished Goods, beginning balance 6 7 Transactions: 8 9 Raw materials purchases, on account 10 b Raw materials used in production (all direct materials) Direct labor cost used d Indirect labor cost used Other manuracturing overnead costs incurrea (1.e., uulity, tax, 13 14 f Manufacturing overhead applied Cost of units completed and transferred from Work in Process 15 8 to Finished Goods Any overapplied or underapplied manufacturing overhead is h closed to Cost of Goods Sold 17 i Finished goods are sold (Revenue is $500,000 in Cash 11 $ 65,000 $ 73,000 $ 74,000 20.000 $ 72,000 $ 89.000 12 > e $ 252,000 16 ? $ 300,000 18 19 a Watch Th X Login C uiz: Ex x M ZOOM LIX IM Acade X FRX109 Harmonix m #1_Four_Qs.xlsx - Trio Office Calc dit View Insert Format Styles Sheet Data Tools Window Help &. Abc 1 % 000 11 v a aa a E = B D F G 2 Prepare T-Accounts for Work in Process and Manufacturing overhead, showing the ending balances WIP beginning balance 32000 252000 g. b. 73000 C. 74000 f. 89000 ending balance 16000 Mfg. OH

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