Chapter 20, Problem E20.19E

Tracking the flow of costs
Learning Objectives 1,5
c.$13,000

Complete the missing amounts and labels in the T-accounts.

Work-in-Process Inventory-Cutting
Balance, May 1	0	(a)	Transfer out to_____
Direct Materials	57.000
Direct Labor	5,000
Manufacturing Overhead39,000
Balance, May 31	16,000
	Work-in-Process Inventory-Finishing
Balance, May 1	11,000	80,000	Transfer out to_____
Transfer in from____	(b)
Direct Materials	21.000
Direct Labor	(c)
Manufacturing Overhead18,000
Balance, May 31	68,000
	Work-in-Process Inventory-Packaging
Balance, May 1	4,000	(d)	Transfer out to_____
Transfer in from____	(e)
Direct Materials	1,000
Direct Labor	9,000
Manufacturing Overhead14,000
Balance, May 31	8,000
	Finished Goods Inventory
Balance, May 1 Transfer in from____	0	(f)	Transfer out to____
(g)
Balance, May 31	2,000
	Cost of Goods Sold
Balance, May 1	0
Transfer in from____	(h)
Balance, May 31	(i)