the missing amounts indicated by the letters (a) through (i)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
The following T-accounts represent September activity.
Required:
Compute the missing amounts indicated by the letters (a) through (i).
| Materials Inventory | |||
| BB (9/1) | 7,500 | ||
| (a) | 3,900 | ||
| (b) | |||
| EB (9/30) | 10,500 |
| Work-In-Process Inventory | |||
| BB (9/1) | 23,600 | ||
| 179,800 | (e) | ||
| 121,000 | |||
| 98,100 | |||
| EB (9/30) | 16,200 |
| Finished Goods Inventory | |||
| BB (9/1) | 13,400 | ||
| (e) | (f) | ||
| EB (9/30) | (g) |
| Cost of Goods Sold | |||
| 396,700 | |||
| Applied |
|||
| (d) | |||
| Manufacturing Overhead Control | |||
| 121,000 | |||
| 3,900 | |||
| 36,200 | |||
| 32,000 | |||
| 2,600 |
| Wages Payable | |||
| 124,300 | |||
| 162,000 | (c) | ||
| 36,200 | |||
| 119,500 | EB (9/30) |
| 201,900 | BB (9/1) | ||
| (h) | |||
| 233,900 | EB (9/30) |
| Accounts Payable—Material Suppliers | |||
| 105,000 | |||
| Prepaid Expenses | |||
| BB(9/1) | 23,600 | ||
| (i) | |||
| EB(9/30) | 21,000 |
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