Company produces microwavable pizzas. The following accounts appeared in Perfecto's ledger as of December 31. V 1201 Raw Materials Inventory 21,000 T 36,000 Work in Process Inventory 12000 11 Ol Deceber Mancing wehead + 15.000 Manufacturing Overhead Wages Payable 2,000 147000 5,000 11 Bil. 12/31 Ba V Bal 11 B1201 Accounts Payable 2:500 1.000 1,500 Finished Goods Inventory 12,000 T 31 20000 Cost of Goods Sold 700.000 Sales Revenue Accounts Receivable 1000 T 806,000 15,000 at 11 1201 Additional information: a. Accounts payable is used only for direct-material purchases. b. Underapplied overhead of $2,500 for the year has not yet been closed into cost of goods sold. Required Complete the T-accounts by computing the amounts indicated by a question mark
Flow ets Perfecto Pizza Company produces microwable pizzas. The following accoms spped in ledger as of December 31. 11 Raw Materials ar 21000 Work in Process Inventory 12000 RM 11 Oct material Dredar Mandating Bod 12 1000 Manufacturing Overhead Wages Payable 2,000 140000 1.000 M Acts Payable 2.500 16500 Finished Goods very 1000 1000 Cota Se 000 Sales Revenue 1000 11000 Receivable 80,000 Bott BUT Additional information: a. Accounts payable is med only for direct-material purchases b. Underapplied overhead of $2.500 for the year has not yet been closed into cost of goods sold. Required Complete the T-accounts by computing t cated by a question mark
n Perfecto Pizza n Perfecto Pizza Company produces microwavable pizzas. The following accounts appeared in Perfecto's ledger as of Decemb
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