The following information is available for a custom manufacturer. Inventories Raw materials, beginning Work in...

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Accounting

The following information is available for a custom manufacturer.
Inventories
Raw materials, beginning
Work in process, beginning
Finished goods, beginning
Cost of goods manufactured
Cost of goods sold (not considering over- or
underapplied overhead)
Sales
Predetermined overhead rate based on direct materials
used
Costs incurred for the period
Raw materials purchases
Direct materials used
Direct labor used
Factory overhead (actual)
Indirect materials used
Indirect labor used
Other overhead costs
$ 19,760
45,850
24,100
10,600
17,700
5,600
Complete the T-accounts for each of the three inventory accounts using the data provided in the above table.
Compute overapplied or underapplied overhead.
Complete this question by entering your answers in the tabs below.
Required 1
Complete the T-accounts for each of the three inventory accounts using the data provided in the above table.
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