Explore BrainMass
Share

Work in Process Balances

The instructions are attached below. Make sure all questions are being addressed. Hint: just to check the answer "The work in process balance" is $5,720.

Attachments

Solution Preview

Hi, See the attached document

1. Journal Entries
Particulars Debit Credit
a. Material Control
Accounts payable 8200
8200
b Work in Progress
Factory Overhead Control
Material Control 7230
380

7610
b Work in Progress
Factory Overhead Control
Wage Payable control 5475
2310

7785
c Factory Overhead Control
Expenses 4100
4100
d Factory overhead control
Depreciation 900
900
e Work in progress control
Factory overhead allocation 7860
7860
f Finished Goods control
Work in progress 14845
14845
G Cost of goods sold
Finished goods control 12790
12790

2
T Account -Work in ...

Solution Summary

The work in process balances are examined. The instructions addressed are determined.

$2.19