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    Work in Process Balances

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    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.

    © BrainMass Inc. brainmass.com June 3, 2020, 5:29 pm ad1c9bdddf
    https://brainmass.com/business/accounting/work-process-balances-28078

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    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

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