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What is the balance in the manufacturing overhead account after these transactions were recorded, assuming the beginning balance was zero?
Suggested Answer: A
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29 comments · newest first
MA
Marva
10 months ago
I doubt the calculations add up to that.
JO
Joanna
10 months ago
Wait, how did we get to $6,000?
PO
Portia
10 months ago
I think the balance is $6,700.
YO
Youlanda
10 months ago
Not sure about that, but $700 seems too low.
SH
Shelia
10 months ago
Definitely $4,780!
MA
Marshall
11 months ago
I’m leaning towards $4,780, but I’m worried I might have missed some overhead costs in the transactions.
MA
Marg
11 months ago
I feel like the answer might be $6,000, but I’m not completely confident. I need to double-check the calculations.
WY
Wynell
11 months ago
I remember a similar question where we had to add up different expenses. I think we just sum everything up, but I can't recall the exact numbers.
KA
Karol
11 months ago
I think the manufacturing overhead account should include all the costs listed, but I'm not sure how to calculate the total correctly.
AD
Adelina
11 months ago
I'm a little confused by the wording of the question. Let me re-read it carefully to make sure I understand what I need to do.
TO
Toi
12 months ago
No problem, I've got this. I'll just add up the debits and credits to find the final balance.
EV
Evangelina
12 months ago
Hmm, I'm a bit unsure about how to approach this. I'll need to review my notes on accounting for manufacturing overhead.
JO
Jonelle
12 months ago
This seems straightforward, I should be able to figure this out quickly.
TW
Twanna
1 year ago
Okay, let me think this through step-by-step. I need to look at the transactions and calculate the final balance in the manufacturing overhead account.
CA
Catarina
1 year ago
Wait, wait, wait. Are we sure we're not missing something here? I feel like there's a trick question lurking, you know? Maybe I should just flip a coin and see what happens. 50/50 chance, right?
TR
Trinidad
1 year ago
C) $6,000
LI
Linette
1 year ago
B) $4,780
YU
Yuonne
1 year ago
A) $700
JU
Julieta
1 year ago
Okay, I've got this. The beginning balance was zero, and then we have a debit of $2,000 and a credit of $5,700. That means the final balance has to be $6,700. D is the answer, easy peasy!
TA
Tarra
1 year ago
I agree, the final balance should be $6,700.
EL
Elliot
1 year ago
I think it's $6,700.
LA
Lajuana
1 year ago
Hmm, let me think this through. Looks like I need to add up all the debits and credits to the manufacturing overhead account. This seems straightforward enough, but I better double-check my work.
RI
Ricarda
1 year ago
Hester: Agreed. So, what do you think the balance is after these transactions?
HE
Hester
1 year ago
User 2: Yes, that's right. Let's make sure we double-check our work before finalizing the balance.
MA
Matthew
1 year ago
User 1: I think we need to add up all the debits and credits to find the balance.
BL
Blythe
1 year ago
Fabiola, I think you might be mistaken. The correct answer is C) $6,000.
FA
Fabiola
1 year ago
I'm not sure, but I think it might be D) $6,700.
AG
Agustin
1 year ago
I agree with Blythe, the manufacturing overhead account balance should be $6,000.
BL
Blythe
1 year ago
I think the answer is C) $6,000.