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 $ 128,800 72,800 58,000 99,900 26,800 234,000

FINANCIAL ACCOUNTING
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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
$ 128,800
72,800
58,000
99,900
26,800
234,000
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 $ 128,800 72,800 58,000 99,900 26,800 234,000
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