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05/Accg 15%20Practice%20Problems%20Fall%202020.pdf Directions: Arrange the below accounts in the cast flow order, and determine the...

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Accounting

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05/Accg 15%20Practice%20Problems%20Fall%202020.pdf Directions: Arrange the below accounts in the cast flow order, and determine the unknown numbers and the ending balances for each account. Close the overapplied or underapplied Factory Overhead to cost of Goods Seld, Factory Overhead Indirect Materials Indirect Labor Factory Depreciation Factory Prepaid Expenses Factory Overhead Rate based on Direct Labor 96,200 525,000 895,600 1,200,000 210% Finished Goods Inventory Beginning Inventory Transferred In Transferred Out Ending Balance 3,110,600 Unknown Unknown Cost of Goods Sold Beginning Balance Transferred In Ending Balance 620,000 2,500,000 Unknown Materials Inventory Beginning Balance Purchases Materials Used as Direct Materials Materials used as Factory Overhead Ending Balance 210,000 Unknown Unknown Unknown 298,300 Wages Payable Total Foctory Payroll Direct Labor Indirect Labor 1.575,000 Unknown Unknown Work in Process Inventory Beginning Balance Direct Materials Direct Laber Factory Overhead Transferred Out Ending Balance 75,600 805,000 Unknown Unknown Unknown Unknown Tapter 16 TBC Chapter 15 Te doce Hp 9 Hc answersofinst MacBook Air

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