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Unformatted text preview: DLH are 750. (Need to add the estimate of MOH to the WIP account to get the costs attached to the product.) 8. Received the water bill, electric bill and insurance bill for the factory totaling $1,500. 9. Recorded plant equipment depreciation of $800. 10. Finished the units and sent them to the sales floor. (Transfer at full cost from WIP.) 11. Sold half of the units on account for $8,000. Chapter 2 Example...
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This note was uploaded on 07/02/2011 for the course ACCT 226 taught by Professor Smith during the Spring '10 term at South Carolina.
- Spring '10
- Financial Accounting