The complying with solution is said to take care of the subject “Compute ending work-related in procedure inventory for a manufacturer via the complying with indevelopment. Raw materials purchased…“. Let’s keep an eye on the content below!
Question “Compute ending work-related in procedure inventory for a manufacturer via the complying with information. Raw products purchased…”
Compute finishing occupational in process inventory for a manufacturer via the adhering to indevelopment. Raw products purchased Direct materials provided Direct labor supplied Total manufacturing facility overhead Work in procedure inventory, beginning of year Cost of goods manufactured $133,200 78,400 63,000 105,500 30,000 228,400 $ 105,500 63,000 78,400 Ending Work In Process Inventory is Computed as: Factory overhead supplied in production Direct labor offered in manufacturing Direct products supplied in manufacturing Raw materials purchased Total production costs Add: Work in process inventory, start of year Total price of job-related in procedure ‘Add: Cost of goods made Work in procedure inventory, end of year 246,900 246,900 246,900
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105,500 63,000 78.400 Ending Work In Process Inventory is Computed as follows: Factory overhead supplied for manufacturing Direct labor used to develop Raw materials purchased Total production price Add: Work in the procedure inventory, start year Total expense of work-related associated in process, end year Cost of products manufactured
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