I-19.04 Problem

I-19.04 Problem - I-19.04 Soldatna Corporation's controller...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
I-19.04 Soldatna Corporation's controller frequently prepared T-accounts to analyze inventory. However, his penmanship was poor and he is no longer employed by the company. The following was reconstructed from a scratch pad left on his desk. The missing values (?) were illegible. Analyze the information and answer the requirements that follow. Raw Materials Cost of Goods Sold beg. bal. ? ? 491,000 ? 175,000 491,000 ? 175,000 ? 481,000 102,000 Work in Process Factory Overhead beg. bal. 44,000 460,000 35,000 ? 113,000
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 02/29/2012 for the course ACCOUNTING 101 taught by Professor Hudack during the Spring '11 term at FIU.

Ask a homework question - tutors are online