Swifty Wings, Inc. manufactures airplanes for use in stunt shows. Swifty factory is highly automated, using the
Question:
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Prepare the appropriate T-accounts for Raw Materials Inventory, Work-in-Process Inventory, Finished Goods Inventory, Manufacturing Overhead Control, Cost of Goods Sold, and Sales, and record Swifty transactions for 2020. (Post entries in order presented in the problem. Round answers to 0 decimal places, e.g. 345,000.)
Raw Materials | |||
Work in Process Inventory | |||
Finished Goods Inventory | |||
Manufacturing Overhead | |||
Cost of Goods Sold | |||
Sales Revenue | |||
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