Question
Clydes Dog Biscuit Bakery, Ltd. makes dog biscuits in sequential processes, Baking and Packaging. It uses process costing (weighted average method) to account for production
Clydes Dog Biscuit Bakery, Ltd. makes dog biscuits in sequential processes, Baking and Packaging. It uses process costing (weighted average method) to account for production costs during each period. The following is information obtained from the source documents for Clydes for the month of April:
Raw materials purchased (direct and indirect) | $247,908 |
Raw materials inventory (direct and indirect), beginning balance | $59,011 |
Direct materials used Baking Department | $179,422 |
Direct materials used Packaging Department | $80,117 |
Direct labor used Baking Department | $231,956 |
Direct labor used Packaging Department | $112,478 |
Factory OH Applied Baking Department | $255,152 |
Factory OH Applied Packaging Department | $123,726 |
Indirect materials used | $3,855 |
Indirect labor used | $23,379 |
Other Factory overhead costs Actual (e.g. factory rent, factory utilities) | $351,802 |
Work in process (WIP) inventory, beginning balance Baking Department | $71,821 |
Work in process (WIP) inventory, beginning balance Packaging Department | $94,904 |
Costs assigned to units completed and transferred out of Baking Department to the Packaging Department | $651,827 |
Finished goods inventory, beginning balance | $68,032 |
Costs assigned to units completed and transferred out of Packaging Department to Finished Goods | $974,256 |
Cost of goods sold | $950,993 |
Sales | $2,008,248 |
Using all of the information given above, determine the April 30thending balance of the Packaging Departments WIP Inventory account
Group of answer choices
$88,796
$86,524
$90,007
$91,295
$94,904
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