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Assigning Costs—Missing Data The following T-accounts represent September activity. Materials Inventory BB (9/1) 8,000 (a) 4,300 EB (9/30) 9,700 (b) Finished Goods Inventory BB (9/1) 14,200 (e) (f) EB...

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Assigning Costs—Missing Data

The following T-accounts represent September activity.

Materials Inventory

BB (9/1)

8,000

 

 

(a)

4,300

EB (9/30)

9,700

(b)

Finished Goods Inventory

BB (9/1)

14,200

 

 

(e)

(f)

EB (9/30)

(g)

 

Applied Overhead Control

 

 

(d)

Wages Payable

 

 

124,300

 

162,000

(c)

 

 

36,200

 

 

119,500

EB (9/30)

Accounts Payable—Material Suppliers

 

 

100,000

Prepaid Expenses

BB (9/1)

24,300

(i)

EB (9/30)

21,100

 

Work-In-Process Inventory

BB (9/1)

22,300

 

 

180,500

 

 

121,000

 

 

94,000

 

EB (9/30)

17,700

 

Cost of Goods Sold

 

402,800

 

Manufacturing Overhead Control

121,000

 

 

4,300

 

 

36,200

 

 

31,600

 

 

3,200

 

 

Accumulated Depreciation— Plant & Equipment

 

 

204,100

BB (9/1)

 

 

 

(h)

 

 

 

235,700

EB (9/30)

 

Required

Compute the missing amounts indicated by the letters (a) through (i).

Answered Same Day Dec 24, 2021

Solution

David answered on Dec 24 2021
114 Votes
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