Question: Complete the missing amounts and labels in the T-accounts. Work-in-Process Inventory-Cutting Work-in-Process Inventory-Finishing Work-in-Process Inventory-Packaging Finished Goods Inventory Cost of Goods Sold Balance, May 1

Complete the missing amounts and labels in the T-accounts.
Work-in-Process Inventory-Cutting

Balance, May 1 Direct Materials Direct Labor Manufacturing Overhead Balance, May 31 0 (a) 57,000 5,000 39,000 16,000 Tra

Work-in-Process Inventory-Finishing

Balance, May 1 Transfer in from Direct Materials 11,000 80,000 (b) 21,000 Transfer out to Direct Labor Manufacturing Ove

Work-in-Process Inventory-Packaging

Balance, May 1 Direct Materials Direct Labor Manufacturing Overhead Balance, May 31

Finished Goods Inventory

0 (a) 57,000 5,000 39,000 16,000 Transfer out to Balance, May 1

Cost of Goods Sold

Transfer in from Direct Materials 11,000 80,000 (b) 21,000 Transfer out to

Balance, May 1 Direct Materials Direct Labor Manufacturing Overhead Balance, May 31 0 (a) 57,000 5,000 39,000 16,000 Transfer out to Balance, May 1 Transfer in from Direct Materials 11,000 80,000 (b) 21,000 Transfer out to Direct Labor Manufacturing Overhead Balance, May 31 (c) 18,000 68,000

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