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The following T-accounts for the Fitzpatrick Company represent April activity. Required: Compute the missing amounts...

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Question

Accounting

The following T-accounts for the Fitzpatrick Company represent April activity.

Required:

Compute the missing amounts indicated by the letters (a) through (i).

Materials Inventory
Debit Credit
Beginning Balance (4/1) 16,500
(a) 5,300
(b)
Ending Balance (4/30) 17,900
Work-in-Process Inventory
Debit Credit
Beginning Balance (4/1) 20,600
161,500 (e)
109,200
86,700
Ending Balance (4/30) 20,900
Finished Goods Inventory
Debit Credit
Beginning Balance (4/1) 15,300
(e) (f)
Ending Balance (4/30) (g)
Cost of Goods Sold
Debit Credit
346,600
Applied Overhead Control
Debit Credit
(d)
Manufacturing Overhead Control
Debit Credit
115,600
5,300
32,100
17,300
3,900
Wages Payable
Debit Credit
107,300 Beginning Balance (4/1)
148,500 (c)
32,100
98,500 Ending Balance (4/30)
Accumulated DepreciationPlant and Equipment
Debit Credit
182,800 Beginning Balance (4/1)
(h)
200,100 Ending Balance (4/30)
Accounts PayableMaterial Suppliers
Debit Credit
91,800
Prepaid Expenses
Debit Credit
Beginning Balance (4/1) 21,900
(i)
Ending Balance (4/30) 18,000
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