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Use the preceding information to find the missing values
Course:- Financial Accounting
Reference No.:- EM13823383




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The following information was obtained from the records of Appleton Corporation during 2013.

• Manufacturing Overhead was applied at a rate of 125 percent of direct labor dollars.

• Beginning value of inventory follows:

• Beginning Work in Process Inventory, $12,000.

• Beginning Finished Goods Inventory, $25,000.

• During the period, Work in Process Inventory decreased by 20 percent, and Finished Goods Inventory increased by 25 percent.

• Actual manufacturing overhead costs were $135,000.

• Sales were $450,000.

• Adjusted Cost of Goods Sold was $325,000.

Required:

Use the preceding information to find the missing values in the following table:




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