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Jennthejelly Jennthejelly
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2 years ago

The following partially completed T-accounts summarize transactions for Faaberg Corporation during the year:

Raw Materials
DebitCredit
Beginning Balance4,5008,000
4,700
Work in Process
DebitCredit
Beginning Balance3,60021,700
5,700
8,000
7,800
Finished Goods
DebitCredit
Beginning Balance1,70019,900
21,700
Manufacturing Overhead
DebitCredit
2,3007,800
3,000
2,700
Wages & Salaries Payable
DebitCredit
19,900Beginning Balance2,000
11,000
Cost of Goods Sold
DebitCredit
19,900

The direct labor cost was:



▸ $11,600

▸ $19,900

▸ $8,000

▸ $11,000
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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knh1473knh1473
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Jennthejelly Author
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2 years ago
Correct Slight Smile TY
SlimyPencil
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Smart ... Thanks!
nsak
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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