Question
Process Cost Problem Beginning Inventory, 1000 units Direct Material $5,000, Direct Labor $3,000, Manufacturing Overhead $2,000 Added, 4,000 units Direct Material $20,000, Direct Labor $12,000,
Process Cost Problem
Beginning Inventory, 1000 units
Direct Material $5,000, Direct Labor $3,000, Manufacturing Overhead $2,000
Added, 4,000 units
Direct Material $20,000, Direct Labor $12,000, and Manufacturing Overhead $3,000
Completed 4,500 units; ending inventory 100% complete for materials, 50% Direct Labor/ Manufacturing Overhead.
what is the amount transferred to Finished Goods?
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Management Accounting Principles And Applications
Authors: Hugh Coombs, D Ellis Jenkins, David Hobbs
1st Edition
1412908434, 978-1412908436
