T Accounts

Question 1

Manufacturer Inventory

Answer 1

BRM
+ RM purchased
= RM avail for production
- ERM
= RM used (DM + IDM)

DM
+ DL
+ MOH
= TMC
+BWIP
= TWIP
- EWIP
= COGM
+ BFG
= Cost of goods avail for sale
- EFG
= COGS