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please solve with proper format Jemuary one the is nhown bellow Fior Webbing Mills f a begannewing hert- e 8 * thintiva thow wrotioning Times
please solve with proper format
Jemuary one the is nhown bellow Fior Webbing Mills f a begannewing hert- e 8 * thintiva thow wrotioning Times lex iserise Required: a. What was the dollar value of work in process inventory on January 1 if this was the only unfinished job. (2) marks) b. Assuming manufacturing overhead is applied based on direct labour cost, calculate overhead rates used previously and during the month of January. Your answer should have two different rates - one based on the beginning amounts and one for the additions done in January. (4 marks) c. Prepare summary entries on January 31 to record the current month's transactions pertaining to this job and to move the job from work in process to finished goods. (4 marks)Step by Step Solution
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