Question: please help :) Required information Exercise 3-31 Manufacturing Cost Flows (LO 3-2, 3-5, 3-6) [The following information applies to the questions displayed below.] Reimel Furniture
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Required information Exercise 3-31 Manufacturing Cost Flows (LO 3-2, 3-5, 3-6) [The following information applies to the questions displayed below.] Reimel Furniture Company, Inc., incurred the following costs during 202. During 20x2, manufacturing overhead of $170,000 was applied to production. Products costing $121,000 were finished, and products costing $132,000 were sold on account for $195,000. There were no purchases of raw material during the year. The beginning balances in the firm's inventory accounts are as follows: Exercise 3-31 Part 2 2. Prepare a partial balance sheet and a partial income statement to reffect the information given above. 1. Prepare T-bccounts to show the flow of costs through the company's manufacturing occounts during 202. Enack my nant 2. Prepare a partial balance sheet and a partial income statement to reflect the information given above. Complete this question by entering your answers in the tabs below. Prepare a partial balance sheet. Exercise 3-31 rart
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