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)	8,000
	(a)	4,300
		(b)
EB (9/30)	9,700

Work-in-Process Inventory
BB (9/1)	22,300
	180,500	(e)
	121,000
	94,000
EB (9/30)	17,700

Finished Goods Inventory
BB (9/1)	14,200
	(e)	(f)
EB (9/30)	(g)

Cost of Goods Sold
	402,800

Applied Overhead Control
		(d)

Manufacturing Overhead Control
	121,000
	4,300
	36,200
	31,600
	3,200

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

Accumulated Depreciation—Plant & Equipment
		204,100	BB (9/1)
		(h)
		235,700	EB (9/30)

Accounts Payable—Material Suppliers
		100,000

Prepaid Expenses
BB(9/1)	24,300
		(i)
EB(9/30)	21,100

Answer 1

Materials inventory					work in process inventory
	beg bal	8,000				Beg bal	22,300
	a)	100,000	4,300				180,500
			94,000	b)			121,000
	end bal	9,700					94,000
								400,100
						End bal	17,700
	finished goods inventory					Applied overhead control
	Beg bal	14,200						180,500	d)
	e)	400,100	402,800	f)
	EB (g)	11,500
	Wages payable					Accumulated depreciation
		162,000	124,300					204,100
			121,000	( c)				31,600	(h)
			36,200
			119,500	EB				235,700	EB
	prepaid expense
	BB	24,300
			3,200	i
	EB	21,100
	cost of goods sold					Accounts payable-Materials suppliers
	Beg bal	0				Beg,bal		0
		402,800						100,000
	end bal	402,800				end bal		100,000