Raw Materials Debit Credit Beginning Balance 4,600 8,200 4,800 Work in Process Debit Credit Beginning Balance 3,700 21,800 5,800 8,100 7,900 Finished Goods Debit Credit Beginning Balance 1,800 20,000 21,800 Manufacturing Overhead Debit Credit 2,400 7,900 3,100 2,800 Wages & Salaries Payable Debit Credit 20,000 Beginning Balance 2,100 11,200 Cost of Goods Sold Debit Credit 20,000 The direct materials cost was:
Raw Materials Debit Credit Beginning Balance 4,600 8,200 4,800 Work in Process Debit Credit Beginning Balance 3,700 21,800 5,800 8,100 7,900 Finished Goods Debit Credit Beginning Balance 1,800 20,000 21,800 Manufacturing Overhead Debit Credit 2,400 7,900 3,100 2,800 Wages & Salaries Payable Debit Credit 20,000 Beginning Balance 2,100 11,200 Cost of Goods Sold Debit Credit 20,000 The direct materials cost was:
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter10: Accounting Systems For Manufacturing Operations
Section: Chapter Questions
Problem 8CDQ: Describe the Source 01 the data for increasing Work in Process for (a) direct materials, (b) direct...
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Question
The following partially completed T-accounts summarize transactions for Faaberg Corporation during the year:
![Raw Materials
Debit
Credit
Beginning Balance
4,600
8,200
4,800
Work in Process
Debit
Credit
Beginning Balance
3,700
21,800
5,800
8,100
7,900
Finished Goods
Debit
Credit
Beginning Balance
1,800
20,000
21,800
Manufacturing Overhead
Debit
Credit
2,400
7,900
3,100
2,800
Wages & Salaries Payable
Debit
Credit
20,000
Beginning Balance
2,100
11,200
Cost of Goods Sold
Debit
Credit
20,000
The direct materials cost was:](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F95c6b4c9-2d8b-4b59-bbb4-66d199ac65d6%2F3181ec79-d8e3-4da1-9aac-5d3eb26ce25e%2Fex6ba7_processed.png&w=3840&q=75)
Transcribed Image Text:Raw Materials
Debit
Credit
Beginning Balance
4,600
8,200
4,800
Work in Process
Debit
Credit
Beginning Balance
3,700
21,800
5,800
8,100
7,900
Finished Goods
Debit
Credit
Beginning Balance
1,800
20,000
21,800
Manufacturing Overhead
Debit
Credit
2,400
7,900
3,100
2,800
Wages & Salaries Payable
Debit
Credit
20,000
Beginning Balance
2,100
11,200
Cost of Goods Sold
Debit
Credit
20,000
The direct materials cost was:
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