Gallons Beginning Work-in-Process Inventory = 400 gallons Started in production = 8,700 gallons Completed and transferred out
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Question:
Gallons
Beginning Work-in-Process Inventory = 400 gallons
Started in production = 8,700 gallons
Completed and transferred out to Packaging in March = 7,900 gallons
Ending Work-in-Process Inventory (80% of the way = 1,200 gallons
through the fermenting process)
Costs
Beginning Work-in-Process Inventory:
Direct materials =$6,370
Direct labor = 250
Manufacturing overhead allocated = 260
Costs added during March:
Direct materials = 4,550
Direct labor = 196
Manufacturing overhead allocated = 4,610
Total costs added during March = $9,356
Related Book For
Horngrens Accounting
ISBN: 978-0134674681
12th edition
Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura
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