On June 1,2014,Dalton Productions had beginning balances as shown in the T-accounts below.
- During June,the following transactions took place:
June 2: Issued $2,400 of direct materials and $200 of indirect materials to production
What was the balance in the Manufacturing Overhead account following this transaction?

Question

On June 1,2014,Dalton Productions had beginning balances as shown in the T-accounts below. 
- During June,the following transactions took place:
June 2: Issued $2,400 of direct materials and $200 of indirect materials to production
What was the balance in the Manufacturing Overhead account following this transaction?

Quizplus · Accepted Answer

Based on the information given in the T-accounts, the beginning balance of the Manufacturing Overhead account was $41,000. On June 2, Dalton Productions issued $200 of indirect materials to production, which means that the Manufacturing Overhead account increased by $200 (indirect materials are part of manufacturing overhead). Therefore, the balance in the Manufacturing Overhead account after this transaction is $41,200 ($41,000 + $200).

On June 1,2014,Dalton Productions Had Beginning Balances as Shown in the T-Accounts