Compute ending work in process inventory for a manufacturer using the following information. Raw materials purchased Direct materials used Direct labor used Factory overhead Work in process inventory, beginning Cost of goods manufactured Ending Work in Process Inventory is Computed as: Work in process inventory, beginning Total manufacturing costs. Total cost of work in process Work in process inventory, ending $ 124,400 89,600 55,000 101, 300 28,800 222,800 0

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Compute ending work in process inventory for a manufacturer using the following information.
Raw materials purchased
Direct materials used
Direct labor used
Factory overhead.
Work in process inventory, beginning
Cost of goods manufactured
Ending Work in Process Inventory is Computed as:
Work in process inventory, beginning
Total manufacturing costs.
Total cost of work in process
Work in process inventory, ending
$ 124,400
89,600
55,000
101, 300
28,800
222,800
0
Transcribed Image Text:Compute ending work in process inventory for a manufacturer using the following information. Raw materials purchased Direct materials used Direct labor used Factory overhead. Work in process inventory, beginning Cost of goods manufactured Ending Work in Process Inventory is Computed as: Work in process inventory, beginning Total manufacturing costs. Total cost of work in process Work in process inventory, ending $ 124,400 89,600 55,000 101, 300 28,800 222,800 0
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