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You are the accountant for Mon Inc., a manufacturer of automobiles. Mon Inc. has the following information available for you (assume there are no indirect
You are the accountant for Mon Inc., a manufacturer of automobiles. Mon Inc. has the following information available for you (assume there are no indirect materials). Only use numeric characters - do not use dollar signs, commas, decimal places, etc. Calculate the missing values at the bottom.
Opening balance, Raw Materials: | $ 65 |
Opening balance, Work In Progress: | $ 22 |
Opening balance, Finished Goods: | $ 155 |
Ending balance, Raw Materials: | $ 49 |
Ending balance, Work In Progress: | $ 28 |
Ending balance, Finished Goods: | $ 137 |
Wages paid to production-line workers: | $ 121 |
Wages paid to the company lawyers: | $ 65 |
Wages paid to the factory cleaning staff: | $ 48 |
Amortization of head office computers: | $ 32 |
Amortization of factory building: | $ 54 |
Purchase of supplies for head office: | $ 16 |
Purchase of supplies for factory: | $ 12 |
Purchase of automobile parts: | $ 277 |
Manufacturing overhead is: | $5 under-applied |
Raw materials requisitioned: | $ |
Manufacturing overhead applied: | $ |
Cost of goods sent to finished goods warehouse: | $ |
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