1 sales revenue $4000 purchases of direct materials $ 700 direct labor $550 manufacturing cost $720 operating expenses $700 beginning direct materials inventory $150 ending direct materials inventory $170 beginning work in process inventory $320 ending work in process inventory $310 beginning finished good inventory $250 ending finished good inventory $200 what is cost of goods manufactured. ? 2 cost of materials purchases on account $76000 cost of direct materials requisitioned $49000 cost of indirect materials requisitioned $3000 direct labor costs incurred $92000 manufacturing overhead cost incurred including indirect materials $97500 cost of goods sold $151000 Beginning raw materials inventory $14500 Beginning work in process inventory $39700 beginning finished goods inventory $32800 predetermined manufacturing overhead rate 120% What is the balance in work in process inventory at the end of the year ? Please show me how to do it and the answer.

thanks

• 4 hours ago
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