Information from the records of Powertools Pty Ltd for the year ended 30 June 2025 is given below Required Calculate the ending work in process inventory on 30 June 2025 Factory overhead, 150 of direct material cost Direct labour Raw material inventory, 1 7 2024 Cost of goods manufactured Raw mater...

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Information from the records of Powertools Pty Ltd for the year ended 30 June 2025 is given

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Information from the records of Powertools Pty Ltd for the year ended 30 June 2025 is given below. image text in transcribed

Required Calculate the ending work in process inventory on 30 June 2025.

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Accounting

ISBN: 9780730382737

11th Edition

Authors: John Hoggett, John Medlin, Keryn Chalmers, Claire Beattie

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Question Posted: Apr 27, 2024 03:00 AM

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Information from the records of Powertools Pty Ltd for the year ended 30 June 2025 is given

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Factory overhead, 150% of direct material cost Direct labour Raw material inventory, 1/7/2024 Cost of goods manufactured Raw materials inventory, 30/6/2025 Work in process inventory, 1/7/2024 Raw materials purchased during the year $ ? 120 000 65 000 2 198 750 72 300 243 500 820 000

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Accounting

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