Show posted T-accounts for all inventories, cost of good sold, factory overhead control, and factory overhead applied. Note that the ending balances are as follows: • Materials control, 50,000 • WIP control 75,000 • FG control 329,000 Total: To balance: Total: To balance: Dr Dr FOH Total: To balance: CGS Total: To balance: Cr Cr

Show posted T-accounts for all inventories, cost of good sold, factory overhead control, and factory overhead applied. Note that the ending balances are as follows: • Materials control, 50,000 • WIP control 75,000 • FG control 329,000 Total: To balance: Total: To balance: Dr Dr FOH Total: To balance: CGS Total: To balance: Cr Cr

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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Question

Please do not give answer in image formate

Show posted T-accounts for all inventories, cost of good sold, factory overhead control, and factory overhead applied. Note that the
ending balances are as follows:
• Materials control, 50,000
• WIP control 75,000
• FG control 329,000
Total:
To balance:
Total:
To balance:
Dr
Dr
FOH
Total:
To balance:
CGS
Total:
To balance:
Cr
Cr

Total:
To balance:
Total:
To balance:
Total:
To balance:
Dr
Dr
Dr
Materials control
Total:
To balance:
WIP control
Total:
To balance:
FG Control
Total:
To balance:
Cr
Cr
Cr

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Step 1 FOH

VIEW

Step 2 CGS

VIEW

Step 3 MATERIAL CONSUMED

VIEW

Step 4 WIP Control

VIEW

Step 5 FG CONTROL

VIEW

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