Question

6. The following T-accounts represent September activity:

Required:

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

Materials Inventory
BB (9/1)	8,000
	(a)	5,100
		(b)
EB (9/30)	9,600

Work-In-Process Inventory
BB (9/1)	20,800
	179,200
	121,000
	98,300
EB (9/30)	17,000

Finished Goods Inventory
BB (9/1)	14,900
	(e)	(f)
EB (9/30)	(g)

Cost of Goods Sold
	396,900

Applied Overhead Control
		(d)

Manufacturing Overhead Control
	121,000
	5,100
	36,200
	34,000
	2,500

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

Accumulated Depreciation—Plant & Equipment
		203,000	BB (9/1)
		(h)
		237,000	EB (9/30)

Accounts Payable—Material Suppliers
		105,000

Prepaid Expenses
BB(9/1)	23,500
		(i)
EB(9/30)	21,000

Answer 1

Materials inventory					work in process inventory
	beg bal	8,000				Beg bal	20,800
	a)	105,000	5,100				179,200
			98,300	b)			121,000
	end bal	9,600					98,300
								402,300
						End bal	17,000
	finished goods inventory					Applied overhead control
	Beg bal	14,900						179,200	d)
	e)	402,300	396,400	f)
	EB (g)	20,800
	Wages payable					Accumulated depreciation
		162,000	124,300					203,000
			121,000	( c)				34,000	(h)
			36,200
			119,500	EB				237,000	EB
	prepaid expense
	BB	23,500
			2,500	i
	EB	21,000
	cost of goods sold					Accounts payable-Materials suppliers
	Beg bal	0				Beg,bal		0
		396,400						105,000
	end bal	396,400				end bal		105,000