h The following T-accounts summarize transactions of Flint Company for the month of November:Work in process inventoryRaw materials inventoryNov 1 4,500Debit 4,700Nov 30 1,200Credit 8,000Manufacturing overheadDebit 2,300Debit 2,800Debit 2,700 Credit 7,800Nov 300Nov 13,600Debit5,700Debit 8,200Debit 7,800 Credit 22,000Nov 30 3,300Factory wages payableDebit 10,000Nov 1 2,000Credit 11,000Nov 30 3,000What amount of indirect materials were used during the month of November? Round to the nearestwhole dollar amount and do not enter a dollar sign or a decimal point (e.g., enter 89, not $89.00).

Raw materials inventory accounts:Debit side:Beginning inventory as on November 1 for $4,500.Raw…

The following T-accounts summarize transactions of Flint Company for the month of November: Work in process inventory 3,600 5,700 Raw materials inventory Nov 1 4,500 Debit 4,700 Nov 30 1,200 Credit 8,000 Manufacturing overhead Nov 1 Debit Debit 8,200 Debit 7,800 Credit 22,000 Nov 30 3,300 Credit 7,800 Factory wages payable Nov 1 Debit 2,300 Debit 2,800 Debit 2,700 Nov 30 0 What amount of indirect materials were used during the month of November? Round to the nearest whole dollar amount and do not enter a dollar sign or a decimal point (e.g., enter 89, not $89.00). 2,000 Credit 11,000 Nov 30 3,000 Debit 10,000

The following T-accounts summarize transactions of Flint Company for the month of November: Work in process inventory 3,600 5,700 Raw materials inventory Nov 1 4,500 Debit 4,700 Nov 30 1,200 Credit 8,000 Manufacturing overhead Nov 1 Debit Debit 8,200 Debit 7,800 Credit 22,000 Nov 30 3,300 Credit 7,800 Factory wages payable Nov 1 Debit 2,300 Debit 2,800 Debit 2,700 Nov 30 0 What amount of indirect materials were used during the month of November? Round to the nearest whole dollar amount and do not enter a dollar sign or a decimal point (e.g., enter 89, not $89.00). 2,000 Credit 11,000 Nov 30 3,000 Debit 10,000

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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