Question: Problem 7 - 5 3 ( Algo ) Assigning Costs: Missing Data ( LO 7 - 1 , 2 ) Problem 7 - 5 3

Problem 7-53(Algo) Assigning Costs: Missing Data (LO 7-1,2) Problem 7-53(Algo) Assigning Costs: Missing Data (LO 7-1,2)
The following T-accounts for the Fitzpatrick Company represent April activity.
Required:
Compute the missing amounts indicated by the letters (a) through (i).
The following T-accounts for the Fitzpatrick Company represent April activity.
Required:
Compute the missing amounts indicated by the letters (a) through (i).
Materials Inventory
Debit Credit
Beginning Balance (4/1)15,100
(a)3,900
(b)
Ending Balance (4/30)16,500
Work-in-Process Inventory
Debit Credit
Beginning Balance (4/1)19,200
160,100(e)
107,800
85,300
Ending Balance (4/30)19,500
Finished Goods Inventory
Debit Credit
Beginning Balance (4/1)13,900
(e)(f)
Ending Balance (4/30)(g)
Cost of Goods Sold
Debit Credit
345,200
Applied Overhead Control
Debit Credit
(d)
Manufacturing Overhead Control
Debit Credit
114,200
3,900
30,700
16,600
3,200
Wages Payable
Debit Credit
105,900 Beginning Balance (4/1)
146,400(c)
30,700
97,100 Ending Balance (4/30)
Accumulated DepreciationPlant and Equipment
Debit Credit
181,400 Beginning Balance (4/1)
(h)
198,000 Ending Balance (4/30)
Accounts PayableMaterial Suppliers
Debit Credit
89,700
Prepaid Expenses
Debit Credit
Beginning Balance (4/1)19,800
(i)
Ending Balance (4/30)16,600Answer is not complete.
 Problem 7-53(Algo) Assigning Costs: Missing Data (LO 7-1,2) Problem 7-53(Algo) Assigning

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