Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

e10 search 11. (3,5 Points) Amoeba Manufacturing, Inc. provided the following information for the year: Purchases-Raw Materials Plant Utilities and Insurance Indirect Materials Indirect Labor

e10 search 11. (3,5 Points) Amoeba Manufacturing, Inc. provided the following information for the year: Purchases-Raw Materials Plant Utilities and Insurance Indirect Materials Indirect Labor Direct Materials Used in Production Direct Labor $90,000 68,000 11,740 4,050 99,000 117,000 5,000 Depreciation on Factory Plant & Equipment The inventory account balances as of January 1 are given below. Raw Materials Inventory Work-in-Progress Inventory Finished Goods Inventory $44,000 11,000 49,000 Required: What is the ending balance in the Raw Materials Inventory account? 12. (3,5 Points) Bentley Manufacturing, Inc provided the following information for the year Purchases-Raw Materials Plant Utilities and Insurance Indirect Materials Used Indirect Labor Direct Materials Used in Production Direct Labor $91,000 67,500 1191 4,4 97.000 117.00 6.000 292,000 Depreciation on Factory Plant and Equipment Cost of Goods Manufactured The inventory account balances as of January 1 are given below. Raw Materials Inventory Work-in-Progress Inventory Finished Goods Inventory $46,000 1.10 4,500 Required: What is the ending balance in the Wark-in-Process Inventory account? O Et 17 76F Partly sunny 9 C 2 O 4

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Financial And Managerial Accounting

Authors: Janice E. Lawrence

11th Edition

0759321094, 978-0759321090

More Books

Students also viewed these Accounting questions

Question

2. How will the team select a leader?

Answered: 1 week ago