Dunn Manufacturing Companys journal entries and T-accounts for Manufacturing Overhead and Work-in-Process Inventory were completed in P
Question:
Dunn Manufacturing Company’s journal entries and T-accounts for Manufacturing Overhead and Work-in-Process Inventory were completed in P 16-45. Assume that Dunn had the following beginning inventory amounts:
Direct materials inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $80,500
Work-in-process inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15,000
Finished goods inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0
Required:
Prepare a Cost of Goods Manufactured schedule for 2011 for Dunn Manufacturing Company.
Step by Step Answer:
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain