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: $ 35 Opening balance, Work In Progress: $ 12 Opening balance, Finished Goods: $ 74 Ending balance, Raw Materials: $ 42 Ending balance, Work In Progress: $ 27 Ending balance, Finished Goods: $ 68 Wages paid to production-line workers: $ 107 Wages paid to the company lawyers: $ 43 Wages paid to the factory cleaning staff: $ 22 Amortization of head office computers: $ 11 Amortization of factory building: $ 71 Purchase of supplies for head office: $ 13 Purchase of supplies for factory: $ 8 Purchase of automobile parts: $ 241
Manufacturing overhead is: $3 over-applied
Raw materials requisitioned: $
Manufacturing overhead applied: $
Cost of goods sent to finished goods warehouse: $
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