Question: A ezto.mheducation.com + G M Question 1 - Chapter 19 - Homework - Connect C Bergo Bay's accounting system generated the follow.. Dashboard Chapter 19

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A ezto.mheducation.com + G M Question 1 - Chapter 19 - Homework - Connect C Bergo Bay's accounting system generated the follow.. Dashboard Chapter 19 - Homework Saved Help Save & Exit Submit Check my work Bergo Bay's accounting system generated the following account balances on December 31. The company's manager knows something is wrong with this list of balances because it does not show any balance for Work in Process Inventory, and the accrued factory payroll (Factory Wages Payable) has not been recorded. Part 1 of 4 Debit Credit Cash $ 73,000 Accounts receivable 42, 000 Raw materials inventory 26, 000 Work in process inventory Finished goods inventory 15, 000 eBook Prepaid rent 5 ,000 Accounts payable $ 9, 200 Notes payable 12, 200 Common stock 50, 000 Retained earnings (prior year) 77, 000 Sales 183, 600 Cost of goods sold 103, 000 Factory overhead 27,000 General and administrative 41, 000 expenses Totals $ 332, 000 332, 000 These six documents must be processed to bring the accounting records up to date. Materials $ 4, 600 direct materials to requisition 10: Job 402 Materials $ 7, 000 direct materials to requisition Job 404 Materials requisition 12: $ 2, 200 indirect materials Labor time ticket $ 7, 000 direct labor to Job 52: 402 Labor time ticket $ direct labor to Job 53: 13, 000 404 Labor time ticket 54: $ 5, 000 indirect labor Jobs 402 and 404 are the only jobs in process at year-end. The predetermined overhead rate is 150% of direct labor cost a. Direct materials. b. Direct labor c. Overhead applied. d. Indirect materials. Prev 1 2 3 4 of 5 Next >

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