Question

The following T-accounts represent September activity.

Required:

Compute the missing amounts indicated by the letters (a) through (i).

Materials Inventory
BB (9/1)	7,500
	(a)	4,300
		(b)
EB (9/30)	10,500

Work-In-Process Inventory
BB (9/1)	20,600
	180,500	(e)
	121,000
	87,700
EB (9/30)	18,000

Finished Goods Inventory
BB (9/1)	13,800
	(e)	(f)
EB (9/30)	(g)

Cost of Goods Sold
	397,300

Applied Overhead Control
		(d)

Manufacturing Overhead Control
	121,000
	4,300
	36,200
	30,600
	2,200

Wages Payable
		124,300
162,000		(c)
		36,200
		119,500	EB (9/30)

Accumulated Depreciation—Plant & Equipment
		202,900	BB (9/1)
		(h)
		233,500	EB (9/30)

Accounts Payable—Material Suppliers
		95,000

Prepaid Expenses
BB(9/1)	23,600
		(i)
EB(9/30)	21,400

Answer 1

Materials inventory					work in process inventory
	beg bal	7,500				Beg bal	20,600
	a)	95,000	4,300				180,500
			87,700	b)			121,000
	end bal	10,500					87,700
								391,800
						End bal	18,000
	finished goods inventory					Applied overhead control
	Beg bal	13,800						180,500	d)
	e)	391,800	397,300	f)
	EB (g)	8,300
	Wages payable					Accumulated depreciation
		162,000	124,300					202,900
			121,000	( c)				30,600	(h)
			36,200
			119,500	EB				233,500	EB
	prepaid expense
	BB	23,600
			2,200	i
	EB	21,400
	cost of goods sold					Accounts payable-Materials suppliers
	Beg bal	0				Beg,bal		0
		397,300						95,000
	end bal	397,300				end bal		95,000