Raw Materials 5,200
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
21
Transcribed Image Text:The following partially completed T-accounts summarize transactions for Faaberg Corporation during the year:
Raw Materials
Beg Bal
5, 200
Work in Process
9,400
Beg Bal
4,300
5,400
22,400
6,400
8,700
8,500
Finished Goods
Beg Bal
2,400
Manufacturing Overhead
20,600
22,400
3, еее
8,500
3,700
3,400
Wages & Salaries Payable
20,600
Beg Bal
Cost of Goods Sold
2,700
12,400
Beg Bal
20,600
The manufacturing overhead was:
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