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
Question:
Work-in-Process Inventory-Cutting
Work-in-Process Inventory-Finishing
Work-in-Process Inventory-Packaging
Finished Goods Inventory
Cost of Goods Sold
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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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Related Book For
Horngrens Accounting
ISBN: 978-0134674681
12th edition
Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura
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