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In: Accounting

The following partially completed T-accounts are for Stanford Corporation: Raw Materials Debit Credit Balance 7,000 (2)...

The following partially completed T-accounts are for Stanford Corporation:

Raw Materials
Debit Credit
Balance 7,000 (2) 24,000
(1) 19,000
Work In Process
Debit Credit
Balance 11,000 (7) ?
(2) 15,000
(4) 18,000
(6) 31,000
Finished Goods
Debit Credit
Balance 18,000
(7) 62,000
15,000
Manufacturing Overhead
Debit Credit
(2) 9,000 (6) 31,000
(3) 16,000
(4) 8,000
(5) 5,000
Accumulated Depreciation--Factory
Debit Credit
Balance 82,000
(3) 16,000
Sales Salaries Expense
Debit Credit
(4) 11,000
Accounts Payable
Debit Credit
Balance
(1) 19,000
(5) 5,000
Salaries and Wages Payable
Debit Credit
Balance 7,000
(4) 37,000

The indirect labor cost is:

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ekkarill92 answered 3 years ago
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