1

2 1 WIP Control 710

Materials Control 710
2 Manufacturing Overhead Control 100
Materials Control 100
3 WIP Control 1,300
Manufacturing Overhead Control 900
Wages Payable Control 2,200
4 Manufacturing Overhead Control 400
Accumulated depr. - buildings & eq 400
5 Manufacturing Overhead Control 550
Miscellaneous accounts 550
6 WIP Control 2080
Manufacturing Overhead Allocated 2080
(1.60 x $1.300 = $2.080)
7 Finished Goods Control 4,120
 WIP Control 4,120
8 Accounts Receivable Control (or Cash) 8000
Revenues 8000
9 COGS 4020
Finished Goods Control 4020
10 Manufacturing Overhead Allocated 2080
Manufacturing Overhead Control 1950
COGS 130