Question: Manufacturing Cost Flows with Machine Hours Allocation On April 1, Telecom Manufacturing Company's beginning balances in manufacturing accounts and finished goods inventory were as follows:

Manufacturing Cost Flows with Machine Hours Allocation

On April 1, Telecom Manufacturing Company's beginning balances in manufacturing accounts and finished goods inventory were as follows: ***Please see attached photo*** Any feedback will be much appreciated. Thank you!

(a) Prepare "T" accounts showing the flow of costs through all manufacturingaccounts, Finished Goods Inventory, and Cost of Goods Sold. (b) Calculate the

(a) Prepare "T" accounts showing the flow of costs through all manufacturing accounts, Finished Goods Inventory, and Cost of Goods Sold. (b) Calculate the balances at the end of April for Work-in-Process Inventory and Finished Goods Inventory. Enter transactions in the T-accounts in the order they appear using the first available answer box on the appropriate side. Raw Materials Inventory Bal. 35,000 0 Bal. 0 0 Cost of Goods Sold Work-in-Process Inventory Finished Goods Inventory 12,000 50,000 0 Bal. 0 0 0 0 0 0 0 0 0 0 Bal. 0 0 Bal. 0 Accumulated Depreciation- Factory Assets 0 0 Accounts Payable 0 0 0 Wages Payable Other Payables 0 0 0 Bal. Manufacturing Overhead Bal. 0 0 0 0 0 0 0 0 0 0 Manufacturing Supplies 3,500 0 0

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