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You are the accountant for Mon Inc., a manufacturer of automobiles. Mon Inc. has the following information available for you (assume there are no indirect materials). Only use numeric characters - do not use dollar signs, commas, decimal places, etc. Calculate the missing values at the bottom.

You are the accountant for Mon Inc., a manufacturer of automobiles. Mon Inc. has the following information available for you (assume there are no indirect materials). Only use numeric characters - do not use dollar signs, commas, decimal places, etc. Calculate the missing values at the bottom.

FINANCIAL ACCOUNTING
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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Opening balance, Raw Materials: $ Opening balance, Work In Progress: $ Opening balance, Finished Goods: $ 299 58 404 Wages paid to the factory deaning staff: S Wages paid to production-line workers: $ Wages paid to the factory security guard: S 71 186 94 Purchase of automobile parts: $ 418 Purchase of supplies for head office: $ Purchase of supplies for the sales team: S 22 11 Amortization of head office computers: S Amortization of forklift in the finished goods warehouse: S 47 63 Ending balance, Raw Materials: S Ending balance, Work In Progress: S Ending balance, Finished Goods: S 276 87 337 Manufacturing overhead is: 52 under-applied Raw materials requisitioned: ManufacturinE overhead applied: Cost of goods sent to finished goods warehouse: %24
Transcribed Image Text:Opening balance, Raw Materials: $ Opening balance, Work In Progress: $ Opening balance, Finished Goods: $ 299 58 404 Wages paid to the factory deaning staff: S Wages paid to production-line workers: $ Wages paid to the factory security guard: S 71 186 94 Purchase of automobile parts: $ 418 Purchase of supplies for head office: $ Purchase of supplies for the sales team: S 22 11 Amortization of head office computers: S Amortization of forklift in the finished goods warehouse: S 47 63 Ending balance, Raw Materials: S Ending balance, Work In Progress: S Ending balance, Finished Goods: S 276 87 337 Manufacturing overhead is: 52 under-applied Raw materials requisitioned: ManufacturinE overhead applied: Cost of goods sent to finished goods warehouse: %24
You are the accountant for Mon Inc., a manufacturer of automobiles. Mon Inc. has the following information available for you (assume there are no indirect materials). Only use numeric characters - do not use dollar signs, commas, decimal places, etc. Calculate the missing values at the bottom.
Transcribed Image Text:You are the accountant for Mon Inc., a manufacturer of automobiles. Mon Inc. has the following information available for you (assume there are no indirect materials). Only use numeric characters - do not use dollar signs, commas, decimal places, etc. Calculate the missing values at the bottom.
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