Duplicate the t-accounts for materials work in process


1. Duplicate the t-accounts for Materials, Work in Process, Finished Goods Inventory, Wages Payable and Factory Overhead. Add the correct values for A thru J.

2. Using the additional information provided. You will need that information to arrive at amounts for A thru J.

3. Also, create a Table for the information in "a." using the following columns: Job No., Style, Quantity, Beg. Balance, Direct Materials, Direct Labor, Applied OH, Total Cost, Unit Cost. You will see that some of those columns are noted in "a."

4. Create a Table for the information in "d." using the following columns: Job No., Style, Units Sold, Unit Cost, and Total COGS.

5. Prepare the journal entries for month of August (taken from the t-accounts) in proper journal form (post references not required) BUT include a description notation for each entry.

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Accounting Basics: Duplicate the t-accounts for materials work in process
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