Bentley Enterprises uses process costing to control costs in the manufacture of Dust Sensors for the mining industry. The following information pertains to operations for November. (CMA adapted) Units 17,400 114,000 25,400 Work in process, November 15t Started in production during November Work in process, November 30th The beginning inventory was 60% complete as to materials and 20% complete as to conversion costs. The ending Inventory was 80% complete as to materials and 40% complete as to conversion costs. Costs pertaining to November are as follows: Beginning inventory, direct materials, $55.960; direct labor, $21,720: manufacturing overhead, $16,640. Costs incurred during the month: direct materials, $482.000; direct labor, $196,880; manufacturing overhead, $405,160. What are the total costs in the ending Work-In-Process Inventory assuming Bentley uses weighted-average process costing? Note: Round costs per equivalent unit to two decimal places. Multiple Choice OOOO $101.680 $141.529 $141,405 $142,545
Bentley Enterprises uses process costing to control costs in the manufacture of Dust Sensors for the mining industry. The following information pertains to operations for November. (CMA adapted) Units 17,400 114,000 25,400 Work in process, November 15t Started in production during November Work in process, November 30th The beginning inventory was 60% complete as to materials and 20% complete as to conversion costs. The ending Inventory was 80% complete as to materials and 40% complete as to conversion costs. Costs pertaining to November are as follows: Beginning inventory, direct materials, $55.960; direct labor, $21,720: manufacturing overhead, $16,640. Costs incurred during the month: direct materials, $482.000; direct labor, $196,880; manufacturing overhead, $405,160. What are the total costs in the ending Work-In-Process Inventory assuming Bentley uses weighted-average process costing? Note: Round costs per equivalent unit to two decimal places. Multiple Choice OOOO $101.680 $141.529 $141,405 $142,545
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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