Assume the following information from a schedule of cost of goods manufactured: Cost of goods manufactured $
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Question:
Assume the following information from a schedule of cost of goods manufactured:
Cost of goods manufactured | $ 158,000 |
---|---|
Beginning work in process inventory | $ 30,000 |
Direct materials used in production | $ 50,000 |
Manufacturing overhead applied to work in process | $ 90,000 |
Total manufacturing costs to account for | $ 226,600 |
What is the ending work in process inventory?
Related Book For
Managerial Accounting A Focus on Ethical Decision Making
ISBN: 978-0324663853
5th edition
Authors: Steve Jackson, Roby Sawyers, Greg Jenkins
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