Question: for part ( a ) can you make a t - account for every part, including manufacturing overhead? ( a ) Set up the following

for part (a) can you make a t-account for every part, including manufacturing overhead? (a) Set up the following T-accounts, record the beginning balances, post the year's transactions. Show your calculations if necessary. Determine ending balances for the accounts with "*".(You may assume no other accounts are needed for this year's transactions.)
- Raw materials Inventory *
- Work in Process Inventory *
- Finished Goods Inventory *
- Cost of Goods Sold
- Manufacturing Overhead *
- Selling and Administrative Expense
- Sales Revenue
- Accounts Receivable
- Accounts Payable
- Salaries and Wages Payable
- Accumulated depreciation
(b) Prepare a schedule of cost of goods manufactured.
(c) Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold.
(2 marks)(a) Set up the following T-accounts, record the beginning balances, post the year's transactions. Show your calculations if necessary. Determine ending balances for the accounts with "*".(You may assume no other accounts are needed for this year's transactions.)
- Raw materials Inventory *
- Work in Process Inventory *
- Finished Goods Inventory *
- Cost of Goods Sold
- Manufacturing Overhead *
- Selling and Administrative Expense
- Sales Revenue
- Accounts Receivable
- Accounts Payable
- Salaries and Wages Payable
- Accumulated depreciation
(b) Prepare a schedule of cost of goods manufactured.
(c) Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold.
(2 marks)
for part ( a ) can you make a t - account for

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