Direct materials inventory at Beginning $9,000 Direct materials inventory at ending Work in process inventory at beginning $17,000 Work in process inventory at ending Finished goods inyentory at beginning Finished goods inventory at ending Total material purchased Depreciation for production 8000 $7,000 $31,000 $10,000 $15,000 50000 10000 direct labor costs 5000 rent expense The cost of goods manufactured for the year was
Direct materials inventory at Beginning $9,000 Direct materials inventory at ending Work in process inventory at beginning $17,000 Work in process inventory at ending Finished goods inyentory at beginning Finished goods inventory at ending Total material purchased Depreciation for production 8000 $7,000 $31,000 $10,000 $15,000 50000 10000 direct labor costs 5000 rent expense The cost of goods manufactured for the year was
Chapter5: Process Costing
Section: Chapter Questions
Problem 11MC: Beginning inventory and direct material cost added during the month total $55,000. What is the value...
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Question
![Birect materials inventory at Beginning $9,000
Direct materials inventory at ending
Work in process inventory at beginning $17,000
Work in process inventory at ending
Finished goods inyentory at beginning
Finished goods inventory at ending
Total material purchased
Depreciation for production
$7,000
$31,000
$10,000
$15,000
50000
10000
direct labor costs
8000
5000
rent expense
: The cost of goods manufactured for the year was](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4955bce4-303f-493b-92b7-002527beab4c%2Fc85debed-4a4d-4503-a3b2-50e6544928ff%2Fmpr5i3m_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Birect materials inventory at Beginning $9,000
Direct materials inventory at ending
Work in process inventory at beginning $17,000
Work in process inventory at ending
Finished goods inyentory at beginning
Finished goods inventory at ending
Total material purchased
Depreciation for production
$7,000
$31,000
$10,000
$15,000
50000
10000
direct labor costs
8000
5000
rent expense
: The cost of goods manufactured for the year was
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