Question

Chec The following T-accounts represent September activity. Required: Compute the missing amounts indicated by the letters (a) through (/). Materials Inventory BB (9/1) 7.500 5,000 (b) Work-In-Process Inventory BB (9/1) 23, 300 178,700 (e) 121,000 102,300 EB (9/30) 18,700 Cost of Goods Sold 396,000 EB (9/30) 10,200 Finished Goods Inventory BB (9/1) 14,200 (e) EB (9/30) (9) Applied Overhead Control (d) Manufacturing Overhead Control 121,000 5,000 36,200 36,400 3,200 Accumulated Depreciation-Plant & Equipment 202,100 BB (9/1) 162,000 Wages Payable 124,300 (c) 36,200 (h) EB (9/30) 119,500 EB (9/30) Accounts Payable-Material Suppliers 110,000 | 238,500 Prepaid Expenses 25,200 (i) BB (9/1)

Answer 1

Materials inventory					work in process inventory
	beg bal	7,500				Beg bal	23,300
	a)	110,000	5,000				178,700
			102,300	b)			121,000
	end bal	10,200					102,300
								406,600	(e.)
						End bal	18,700
	finished goods inventory					Applied overhead control
	Beg bal	14,200						178,700	d)
	e)	406,600	396,000	f)
	EB (g)	24,800
	Wages payable					Accumulated depreciation
		162,000	124,300					202,100
			121,000	( c)				36,400	(h)
			36,200
			119,500	EB				238,500	EB
	prepaid expense
	BB	25,200
			3,200	i
	EB	22,000
	cost of goods sold					Accounts payable-Materials suppliers
	Beg bal	0				Beg,bal		0
		396,000						110,000
	end bal	396,000				end bal		110,000