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4 Part Question Required information [The following information applies to the questions displayed below.] The following information has been taken from the perpetual inventory system
4 Part Question
Required information [The following information applies to the questions displayed below.] The following information has been taken from the perpetual inventory system of Imperial Mfg.Co. for the month ended September 30: Purchases of direct materials Direct materials used Direct labor costs assigned to production Manufacturing overhead costs incurred $86,000 $65,600 $40,000 $ 47,000 Balances in inventory Materials Work in Process Finished Goods Sept 30 $ ? $36,000 $63.000 Sept 1 57,000 52.000 68,000 The total amount of inventory to be included in Imperial's September 30 balance sheet amounts to: Multiple Choice $242,000. Some other amount. O O $176,400. $99.000. Total manufacturing costs charged (debited) to Work in Process during September amount to: Multiple Choice $168,600 O $152,600 O Some other amount. 0 $173,000 The cost of finished goods manufactured in September is: Multiple Choice Some other amount. $204,600. $168,600 $169,600. O The cost of goods sold in September is: Multiple Choice $173,600. U O $157,600 O $159,600. Some other amountStep by Step Solution
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