Turnbull Manufacturing Company reported the following year-end information: Beginning work in process inventory.$35,000 Beginning raw materials inventory.$20,000
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Turnbull Manufacturing Company reported the following year-end information:
Beginning work in process inventory…………………………………….$35,000
Beginning raw materials inventory……………………………………….$20,000
Ending work in process inventory…………………………………………$40,000
Ending raw materials inventory……………………………………………$10,000
Raw materials purchased…………………………………………………..$560,000
Direct labor………………………………………………...………………..$180,000
Manufacturing overhead…………………………………………………..$150,000
How much is Turnbull Manufacturing’s total cost of work in process for the year?
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1118845899
3rd edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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