Question: Compute ending work in process inventory for a manufacturer using the following information. Raw materials purchased $ 124,400 Direct materials used 84,000 Direct labor used
Compute ending work in process inventory for a manufacturer using the following information.
| Raw materials purchased | $ 124,400 |
|---|---|
| Direct materials used | 84,000 |
| Direct labor used | 56,000 |
| Factory overhead | 102,700 |
| Work in process inventory, beginning | 27,200 |
| Cost of goods manufactured | 239,600 |
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
