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 Direct materials used Direct labor used Factory overhead Total manufacturing costs Total cost of work in process Less: Cost of goods manufactured Work in process inventory, ending $ 135,400 82,600 52,000 109,700 30,000 236,800 $ 0 0 0
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 Direct materials used Direct labor used Factory overhead Total manufacturing costs Total cost of work in process Less: Cost of goods manufactured Work in process inventory, ending $ 135,400 82,600 52,000 109,700 30,000 236,800 $ 0 0 0
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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
Direct materials used
Direct labor used
Factory overhead
Total manufacturing costs
Total cost of work in process
Less: Cost of goods manufactured
Work in process inventory, ending
$ 135,400
82,600
52,000
109,700
30,000
236,800
0
0
0
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