Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

image text in transcribed

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

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

A One-Year Accounting Course Part 2

Authors: Trevor Gambling

1st Edition

0080130267, 9780080130262

More Books

Students also viewed these Accounting questions

Question

Know how procedures protect an organization

Answered: 1 week ago