Question

In: Accounting

The following T-accounts represent September activity: Required: Compute the missing amounts indicated by the letters (a)...

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

Materials Inventory

Work-In-Process Inventory

Beg. bal.(9/1)

8,000

Beg. bal.(9/1)

20,800

5,100

179,200

121,000

98,300

End. bal.(9/30)

9,600

End. bal.(9/30)

17,000

Finished Goods Inventory

Cost of Goods Sold

Beg. bal.(9/1)

14,900

Beg. bal.(9/1)

End. bal.(9/30)

End. bal.(9/30)

0

0

Applied Overhead Control

Manufacturing Overhead Control

Beg. bal.(9/1)

121,000

5,100

36,200

End. bal.(9/30)

0

0

34,000

2,500

Wages Payable

Accumulated Depreciation—Plant & Equipment

Beg. bal.(9/1)

Beg. bal.(9/1)

203,000

162,000

124,300

36,200

End. bal.(9/30)

237,000

End. bal.(9/30)

119,500

Accounts Payable—Material Suppliers

Prepaid Expenses

Beg. bal.(9/1)

Beg. bal.(9/1)

23,500

End. bal.(9/30)

0

0

End. bal.(9/30)

21,000

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Solutions

Expert Solution

Materials Inventory Work-In-Process Inventory
Beg. Bal. (9/1) 8000 Beg. Bal. (9/1) 20800
185900 5100 179200 402300
179200 121000
98300
End. Bal. (9/30) 9600 End. Bal. (9/30) 17000
Finished Goods Inventory Cost of Goods Sold
Beg. Bal. (9/1) 14900 396900
402300 396900
End. Bal. (9/30) 20300
Applied Overhead Control Manufacturing Overhead Control
98300 121000
5100
36200
34000
2500
Wages Payable Accumulated Depreciation-Plant & Equipment
124300 203000 Beg. Bal. (9/1)
162000 121000 34000
36200
119500 End. Bal. (9/30) 237000 End. Bal. (9/30)
Accounts Payable-Material Suppliers Prepaid Expenses
105000 Beg. Bal. (9/1) 23500
2500
End. Bal. (9/30) 21000

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