The Work in Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed and transferred to Finished Goods Inventory. Work in Process Inventory Debit CreditBeginning work in process6,100 Direct materials48,700 Direct labor31,200 Applied overhead17,400 To finished goods ?Ending work in process12,100 The cost of jobs transferred to finished goods is: Multiple Choice$97,300.$101,600.$91,300.$115,500.$103,400. The Work in Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed and transferred to Finished Goods Inventory.Work in Process InventoryDebitCreditBeginning work in process6,100Direct materials48,700Direct labor31,200Applied overheadTo finished goods17,400Ending work in process12,100The cost of jobs transferred to finished goods is:

Name: The Work in Process Inventory account for DG Manufacturing follows. Co
Uploaded: 2024-03-20T06:32:49.000Z
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Description: The Work in Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed and transferred to Finished Goods Inventory. Work in Process Inventory Debit CreditBeginning work in process6,100 Direct materials48,700 Direct l

The value of the finished goods can be easily calculated by adding the expenses incurred in the current year to the opening work in progress and subtracting the work in progress left at the end. The cost of jobs transferred to finished goods Here, we've the total manufacturing costs = $103400 The ending work in process inventory = $12,100 We know that the cost of jobs transferred to finished goods =The total manufacturing costs - Ending work in process Inventory = $103400- $12,100 = $91,300 "Hence, the cost of jobs transferred to finished goods will be $91,300"