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D Question 22 10 pts PROBLEM #2 The Delta Motor Company produces electric automobiles. On January 1st the company had no beginning inventories and
D Question 22 10 pts PROBLEM #2 The Delta Motor Company produces electric automobiles. On January 1st the company had no beginning inventories and it purchased 9.000 batteries at a cost of $180 per battery. It withdrew 8,600 batteries from the storeroom during the month and all but 100 were placed in cars being produced by the company. The other 100 were used to replace batteries for sales people. Of the cars in production during January 70% were completed and transferred from work in process to finished goods. Of the cars completed during the month, 50% were unsold at the end of January. Required: 1. Determine the cost of batteries that would appear in each of the following accounts on January 31st a. Raw materials b. Work in process c. Finished Goods d. Cost of sales e. Selling expense
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