Compute ending work in process inventory for a manufacturer with the following information. Raw materials purchased…

The following solution is suggested to handle the subject “Compute ending work in process inventory for a manufacturer with the following information. Raw materials purchased…“. Let’s keep an eye on the content below!

Question “Compute ending work in process inventory for a manufacturer with the following information. Raw materials purchased…”




You are watching: Compute ending work in process inventory for a manufacturer with the following information.

*

Compute ending work in process inventory for a manufacturer with the following information. Raw materials purchased Direct materials used Direct labor used Total factory overhead Work in process 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 used in production Direct labor used in production Direct materials used in production Raw materials purchased Total manufacturing costs Add: Work in process inventory, beginning of year Total cost of work in process ‘Add: Cost of goods manufactured Work in process inventory, end of year 246,900 246,900 246,900

Answer

*




See more: 10 Reasons Why Mario Is Not A Hero, Top 10 Reasons Mario Is Not A Hero

105,500 63,000 78.400 Ending Work In Process Inventory is Computed as follows: Factory overhead used for production Direct labor used to produce Raw materials purchased Total manufacturing cost Add: Work in the process inventory, beginning year Total cost of work involved in process, end year Cost of goods manufactured

Conclusion

Above is the solution for “Compute ending work in process inventory for a manufacturer with the following information. Raw materials purchased…“. We hope that you find a good answer and gain the knowledge about this topic of business.