Find the ending work in process account balance
The following partially completed T-accounts are for Bull Corporation using Job Order costing:
Raw Materials | |||
Bal | 7,000 | (2) | 24,000 |
(1) | 19,000 | ||
Work In Process | |||
Bal | 11,000 | (7) | ? |
(2) | 15,000 | ||
(4) | 18,000 | ||
(6) | 31,000 | ||
Finished Goods | |||
Bal | 18,000 | ||
(7) | 62,000 | ||
15,000 | |||
Manufacturing Overhead | |||
(2) | 9,000 | (6) | 31,000 |
(3) | 16,000 | ||
(4) | 8,000 | ||
(5) | 5,000 | ||
Accumulated Depreciation—Factory | |||
Bal | 82,000 | ||
(3) | 16,000 | ||
Sales Salaries Expense | |||
(4) | 11,000 | ||
Accounts Payable | |||
Bal | |||
(1) | 19,000 | ||
(5) | 5,000 | ||
Salaries and Wages Payable | |||
Bal | 7,000 | ||
(4) | 37,000 | ||
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