Question: please show solution thank you Selected accounts are presented as follows: WORK-IN-PROCESS DEBIT CREDIT Nov 1 Balance P 275,000 Nov 30 FG 1,050,000 30 DM
please show solution thank you
Selected accounts are presented as follows: WORK-IN-PROCESS DEBIT CREDIT Nov 1 Balance P 275,000 Nov 30 FG 1,050,000 30 DM ? 30 DL 350,250 30 FOH ? FINISHED GOODS DEBIT CREDIT Nov 1 to 30 Costs incurred 145,000 Nov 1 Balance 15,000 ? 30 Applied 30% of DL cost The balance of Work-in-Process at November 30 is 215,700. The amount charged to Work-in-Process for FACTORY OVERHEAD in November was
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