The following partially completed T-accounts summarize transactions for Faaberg Corporation during the year: Debit Beginning Balance Debit Beginning Balance Debit Beginning Balance Debit Debit Debit Raw Materials 5,250 5,450 Work in Process 4,350 6,450 8,750 8,550 Finished Goods 2,450 22,450 Manu cturing Overhead 3,050 3,750 3,450 Cost of Goods Sold Credit 20,650 Credit Credit Wages & Salaries Payable Credit 20,650 Beginning Balance Credit Credit 9,500 22,450 20,650 8,550 2,750 12,500

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(c) Calculate the total manufacturing overhead cost for the period. $  __________________ (d) Calculate the total manufacturing cost for the period. $ __________________

The following information is taken from the accounts of Latta Company. The entries in the T-accounts are summaries of the transactions that affected those accounts during the year.   Manufacturing Overhead Debit Credit (a) 460,000 (b) 390,000 Balance 70,000       Work in Process Debit Credit Balance 15,000 (c) 710,000   260,000       85,000     (b) 390,000     Balance 40,000       Finished Goods Debit Credit Balance 50,000 (d) 640,000 (c) 710,000     Balance 120,000       Cost of Goods Sold Debit Credit (d) 640,000       The overhead that had been applied to production during the year is distributed among Work in Process, Finished Goods, and Cost of Goods Sold as of the end of the year as follows:    Work in Process, ending $ 19,500 Finished Goods, ending 58,500 Cost of Goods Sold 312,000 Overhead applied $ 390,000   For example, of the $40,000 ending balance in work in process, $19,500 was overhead that had been…