The following T-accounts represent September activity: Required: Compute the mis
ID: 2547933 • Letter: T
Question
The following T-accounts represent September activity:
Required:
Compute the missing amounts indicated by the letters (a) through (i).
Materials Inventory
BB (9/1) 8,000
(a) 5,200
(b)
EB (9/30) 8,800
Work-In-Process Inventory
BB (9/1) 21,800
179,100
121,000
94,000
EB (9/30) 15,900
Finished Goods Inventory
BB (9/1) 13,500
(e) (f)
EB (9/30) (g)
Cost of Goods Sold
397,000
Applied Overhead Control
(d)
Manufacturing Overhead Control
121,000
5,200
36,200
34,300
3,500
Wages Payable
124,300
162,000 (c)
36,200
119,500 EB (9/30)
Accumulated Depreciation—Plant &
Equipment
204,500 BB (9/1)
(h)
238,800 EB (9/30)
Accounts Payable—Material Suppliers
100,000
Prepaid Expenses
BB(9/1) 24,000
(i)
EB(9/
Materials Inventory Work-In-Process Inventory Beg. bal.(9/1) 8,000 Beg. bal.(9/1) 21,800 5,200 179,100 121,000 94,000 End. bal.(9/30) 8,800 End. bal.(9/30) 15,900 Finished Goods Inventory Cost of Goods Sold Beg. bal.(9/1) 13,500 Beg. bal.(9/1) End. bal.(9/30) End. bal.(9/30) Applied Overhead Control Manufacturing Overhead Control Beg. bal.(9/1) 121,000 5,200 36,200 End. bal.(9/30) 34,300 3,500 Wages Payable Accumulated Depreciation—Plant & Equipment Beg. bal.(9/1) Beg. bal.(9/1) 204,500 162,000 124,300 36,200 End. bal.(9/30) 238,800 End. bal.(9/30) 119,500 Accounts Payable—Material Suppliers Prepaid Expenses Beg. bal.(9/1) Beg. bal.(9/1) 24,000 End. bal.(9/30) End. bal.(9/30) 20,500Explanation / Answer
Materials inventory
Materials inventory
work in process inventory beg bal 8,000 Beg bal 21,800 a) 100,000 5,200 179,100 94,000 b) 121,000 end bal 8,800 94,000 400,000 End bal 15,900 finished goods inventory Applied overhead control Beg bal 13,500 179,100 d) e) 400,000 397,000 f) EB (g) 16,500 Wages payable Accumulated depreciation 162,000 124,300 204,500 121,000 ( c) 34,300 (h) 36,200 119,500 EB 238,800 EB prepaid expense BB 24,000 3,500 i EB 20,500 cost of goods sold Accounts payable-Materials suppliers Beg bal 0 Beg,bal 397,000 100,000 end bal 397,000 end bal 100,000