Current Attempt in Progress An analysis of the accounts of Windsor Company reveals the following manufacturing...

 

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Current Attempt in Progress An analysis of the accounts of Windsor Company reveals the following manufacturing cost data for the month ended June 30, 2025. Inventory Raw materials Work in process Finished goods Beginning Ending $9,200 $13,480 7,100 8.400 5,000 9,200 Costs incurred: raw materials purchases $54,200, direct labor $46,600, manufacturing overhead $20,720. The specific overhead costs were: indirect labor $5,400, factory insurance $4,200, machinery depreciation $4,200, machinery repairs $1,940. factory utilities $3,480, and miscellaneous factory costs $1.500. (Assume that all raw materials used were direct materials.) Show the presentation of the ending inventories on the June 30, 2025, balance sheet. WINDSOR COMPANY Balance Sheet (Partial) > C ASSETS 275 Clear Current Attempt in Progress An analysis of the accounts of Windsor Company reveals the following manufacturing cost data for the month ended June 30, 2025. Inventory Raw materials Work in process Finished goods Beginning Ending $9,200 $13,480 7,100 8.400 5,000 9,200 Costs incurred: raw materials purchases $54,200, direct labor $46,600, manufacturing overhead $20,720. The specific overhead costs were: indirect labor $5,400, factory insurance $4,200, machinery depreciation $4,200, machinery repairs $1,940. factory utilities $3,480, and miscellaneous factory costs $1.500. (Assume that all raw materials used were direct materials.) Show the presentation of the ending inventories on the June 30, 2025, balance sheet. WINDSOR COMPANY Balance Sheet (Partial) > C ASSETS 275 Clear

Answer rating: 100% (QA)

To present the ending inventories on the June 30 2025 balance sheet for Windsor Company we need to c... View the full answer