Top Posters
Since Sunday
12
s
5
t
5
s
5
9
5
g
5
h
5
l
5
o
5
f
5
d
5
r
4
New Topic  
tunisia81 tunisia81
wrote...
Posts: 90
Rep: 0 0
1 months ago

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

Raw Materials
DebitCredit
Balance7,000(2)24,000
(1)19,000
Work In Process
DebitCredit
Balance11,000(7)?
(2)15,000
(4)18,000
(6)31,000
Finished Goods
DebitCredit
Balance18,000
(7)62,000
15,000
Manufacturing Overhead
DebitCredit
(2)9,000(6)31,000
(3)16,000
(4)8,000
(5)5,000
Accumulated Depreciation--Factory
DebitCredit
Balance82,000
(3)16,000
Sales Salaries Expense
DebitCredit
(4)11,000
Accounts Payable
DebitCredit
Balance
(1)19,000
(5)5,000
Salaries and Wages Payable
DebitCredit
Balance7,000
(4)37,000

The cost of goods manufactured is:



▸ $82,000

▸ $64,000

▸ $71,000

▸ $62,000
Textbook 

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
Read 7 times
1 Reply
Replies
Answer verified by a subject expert
lampardlampard
wrote...
Posts: 72
Rep: 1 0
1 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
$62,000

1

Related Topics

tunisia81 Author
wrote...

1 months ago
Correct Slight Smile TY
wrote...

Yesterday
This helped my grade so much Perfect
wrote...

2 hours ago
This site is awesome
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  175 People Browsing
 206 Signed Up Today
Related Images
  
 243
  
 177
  
 226
Your Opinion
Where do you get your textbooks?
Votes: 215

Previous poll results: Who's your favorite biologist?