Question
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: $ 106 Opening balance, Work In Progress: $ 29 Opening balance, Finished Goods: $ 299 Ending balance, Raw Materials: $ 98 Ending balance, Work In Progress: $ 21 Ending balance, Finished Goods: $ 274 Wages paid to the factory cleaning staff: $ 31 Wages paid to production-line workers: $ 88 Wages paid to the factory security guard: $ 32 Amortization of head office computers: $ 63 Amortization of forklift in the finished goods warehouse: $ 47 Purchase of automobile parts: $ 511 Purchase of supplies for head office: $ 17 Purchase of supplies for factory: $ 15 Manufacturing overhead is: $6 over-applied Raw materials requisitioned: $ Manufacturing overhead applied: $ Cost of goods sent to finished goods warehouse: $
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