Question
Bramble Company reported the following debit balances in its trial balance, dated December 31,2025. RM inventory $17,000 WIP inventory 46.500 FG inventory 53,500 MOH control
Bramble Company reported the following debit balances in its trial balance, dated December 31,2025.
RM inventory $17,000 WIP inventory 46.500 FG inventory 53,500 MOH control 6.000 Cost of goods sold 76.500
In the process of working backward to recreate the beginning balances for several accounts for the year, Bramble uncovered the following information.
Cost of raw materials purchased during 2025 $43,000
Cost of direct materials requisitioned in 2025 (no indirect materials were used in 2025) 49,000
Cost of goods completed during 2025 106,000
Applied MOH (120% of direct labor cost) 50,100
b) Calculate beginning WIP Inventory as of January 1,2025.
Beginning WIP Inventory $
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Cost Analysis And Estimating Tools And Techniques
Authors: Willis R. Jr. Greer, Daniel A. Nussbaum
1990th Edition
0387973257, 978-0387973258
