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In April, Nattu Company purchased $90,000 of raw materials and used $61,000 direct materials in production. Nattu Company incurred $270,000 of direct labor expenses and
In April, Nattu Company purchased $90,000 of raw materials and used $61,000 direct materials in production. Nattu Company incurred $270,000 of direct labor expenses and $88,000 of overhead applied in April. Nattu Company incurred $25,000 of rent expense on the administrative buildings and $2,000 of indirect labor costs in April. The beginning work in process account was $15,000 and ending was $9,000. The beginning finished goods account was $5,000 and ending was $2,000. How much was moved from work in process to finished goods in April
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