Question: Exercise 14-9 a-c (Part Level Submission) At May 31, 2017, the accounts of Bramble Company show the following. 1. May 1 inventories-finished goods $12,800, work


Exercise 14-9 a-c (Part Level Submission) At May 31, 2017, the accounts of Bramble Company show the following. 1. May 1 inventories-finished goods $12,800, work in process $15,300, and raw materials $9,000. 2. May 31 inventories---finished goods $9,900, work in process $18,900, and raw materials $7,500. 3. Increases to work in process were direct materials $63,100, direct labor $52,900, and manufacturing overhead applied $40,200. 4. Sales revenue totaled $216,200. a) Indicate the balance sheet presentation of the manufacturing inventories at May 31, 2017. BRAMBLE COMPANY (Partial) Balance sheet $ Click if you would like to Show Work for this question: Open Show Work
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
