Brandon Manufacturing recorded the following amounts in its inventory accounts in Year 2. Required Complete...

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Accounting

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Brandon Manufacturing recorded the following amounts in its inventory accounts in Year 2. Required Complete the T-accounts by filling in the missing amounts. Assume that underapplied and overapplied overhead is closed to Cost of Goods Sold. Raw Materials Inventory 70,000 16,000 Work in Process Inventory 56,000 32,000 24,000 Cost of Goods Sold Finished Goods Inventory 56,000 2,000 adj. Manufacturing Overhead 24,000 2,000 adj. 0

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