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inkster inkster
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Posts: 85
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2 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 manufacturing overhead applied is:



▸ $24,000

▸ $31,000

▸ $38,000

▸ $42,000
Textbook 

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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chandlerdeanechandlerdeane
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2 months ago
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inkster Author
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2 months ago
Brilliant
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Yesterday
Thanks for your help!!
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2 hours ago
Thanks
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