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Pixel Manufacturing Corporation uses a process-costing system to manufacture printers for PCs. The following information summarizes operations for its NoToner model during the quarter ending
Pixel Manufacturing Corporation uses a process-costing system to manufacture printers for PCs. The following information summarizes operations for its NoToner model during the quarter ending September 30, Year 1: (Click the icon to view the information.) Beginning work-in-process inventory was 30% complete for direct labor. Ending work-in-process inventory was 90% complete for direct labor. What is the total value of the direct labor in the ending work-in-process inventory using the veighted average method? (Round your answer to the nearest dollar.) Data Table 1. $316,800 2. $338,462 3. $488,889 4. $1,326,000 Units Direct Labor 400 $ 80,000 900 Work-in-process inventory, July 1 Started during the quarter Completed during the quarter Work-in-process inventory, September 30 Costs added during the quarter 800 500 $ 800,000 Print Done
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