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Complete the missing amounts and labels in the T-accounts. O (Click the icon to view the T-accounts.) O More Info Begin with the Work-in-Process-Cutting T-account, then complete each of the remaining T-accounts. (Abbreviations u Work-in-Process Inventory-Cutting Work-in-Process Inventory-Cutting ] Transfer out to Balance, May 1 o(a) Transfer out to Balance, May 1 57,000 5,000 Direct Materials 57,000 5,000 39,000 16,000 Direct Materials Direct Labor Direct Labor 39,000 16,000| Manufacturing Overhead Manufacturing Overhead Balance, May 31 Balance, May 31 Work-in-Process Inventory-Finishing Balance, May 1 11,000 80,000 Transfer out to (b) Transfer in from Direct Materials 21,000 Direct Labor (c) Manufacturing Overhead 18,000 Balance, May 31 68,000 Choose from any list or enter any number in the input fields and then click Check Answer.

Complete the missing amounts and labels in the T-accounts. O (Click the icon to view the T-accounts.) O More Info Begin with the Work-in-Process-Cutting T-account, then complete each of the remaining T-accounts. (Abbreviations u Work-in-Process Inventory-Cutting Work-in-Process Inventory-Cutting ] Transfer out to Balance, May 1 o(a) Transfer out to Balance, May 1 57,000 5,000 Direct Materials 57,000 5,000 39,000 16,000 Direct Materials Direct Labor Direct Labor 39,000 16,000| Manufacturing Overhead Manufacturing Overhead Balance, May 31 Balance, May 31 Work-in-Process Inventory-Finishing Balance, May 1 11,000 80,000 Transfer out to (b) Transfer in from Direct Materials 21,000 Direct Labor (c) Manufacturing Overhead 18,000 Balance, May 31 68,000 Choose from any list or enter any number in the input fields and then click Check Answer.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Chapter 19, Question 2. Second image is possible answers

Complete the missing amounts and labels in the T-accounts. (Click the icon to view the T-accounts.) More Info Begin with the Work-in-Process-Cutting T-account, then complete each of the remaining T-accounts. (Abbreviations u Work-in-Process Inventory-Cutting Work-in-Process Inventory-Cutting Balance, May 1 이(a) Transfer out to Balance, May 1 Transfer out to Direct Materials 57,000 Direct Materials 57.000| Direct Labor 5,000 Direct Labor 5,000 Manufacturing Overhead 39,000 Manufacturing Overhead 39,000 Balance, May 31 16,000 Balance, May 31 16,000 Work-in-Process Inventory-Finishing Balance, May 1 11,000 80,000 Transfer out to Transfer in from (b) Direct Materials 21,000 Direct Labor (c) Manufacturing Overhead 18,000 Balance, May 31 68,000| Choose from any list or enter any number in the input fields and then click Check Answer.
Transcribed Image Text:Complete the missing amounts and labels in the T-accounts. (Click the icon to view the T-accounts.) More Info Begin with the Work-in-Process-Cutting T-account, then complete each of the remaining T-accounts. (Abbreviations u Work-in-Process Inventory-Cutting Work-in-Process Inventory-Cutting Balance, May 1 이(a) Transfer out to Balance, May 1 Transfer out to Direct Materials 57,000 Direct Materials 57.000| Direct Labor 5,000 Direct Labor 5,000 Manufacturing Overhead 39,000 Manufacturing Overhead 39,000 Balance, May 31 16,000 Balance, May 31 16,000 Work-in-Process Inventory-Finishing Balance, May 1 11,000 80,000 Transfer out to Transfer in from (b) Direct Materials 21,000 Direct Labor (c) Manufacturing Overhead 18,000 Balance, May 31 68,000| Choose from any list or enter any number in the input fields and then click Check Answer.
COGS FG Inventory WIP-Cutting WIP-Finishing WIP-Packaging
Transcribed Image Text:COGS FG Inventory WIP-Cutting WIP-Finishing WIP-Packaging
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