Question
Assume the following information from a schedule of cost of goods manufactured: Cost of goods manufactured $ 158,000 Beginning work in process inventory $ 30,000
Assume the following information from a schedule of cost of goods manufactured:
| Cost of goods manufactured | $ 158,000 |
|---|---|
| Beginning work in process inventory | $ 30,000 |
| Direct materials used in production | $ 50,000 |
| Manufacturing overhead applied to work in process | $ 90,000 |
| Total manufacturing costs to account for | $ 226,400 |
What is the ending work in process inventory?
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Accounting Principles Volume 2
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
9th Canadian Edition
978-1119786634, 1119786630
