QUESTION 1 For the year ended December 31, 2022, the job cost sheets of Moore Company contained the following data. Job Direct Direct Manufacturing Number Explanation Materials Labor Overhead 7640 Balance 1/1 $112,500 $100,000 $129,600 Current year's 135.000 162,000 194,400 costs 7641 Balance 1/1 49,500 B1,000 97,200 Current year's 193,500 216,000 259,200 costs 7642 Current year's 261,000 247.500 297.000 costs Other data: Job Nos. 7640 and 7641 were completed during the year. Instructions: Prove the agreement of Work-in-Process Inventory with the job cost sheets pertaining to unfinished work. In other w Inventory T-account provided using aforementioned job cost sheet information and other data. Then answer the follo keyed with appropriate punctuation (ie. commas). Dollar signs are not recorded within T-accounts. Work-in-Process Inventory 1/1 Balance Completed work Direct materials Direct labor Manufacturing overhead 12/31 Balance What is the beginning balance of Work-in-Process Inventory at January 1? What amount of direct materials was assigned to work-in-process during the year? What amount of direct labor was assigned to work-in-process during the year? What amount of manufacturing overhead was assigned to work-in-process during the year? What was the total cost amount of Job 7640 that was completed? Ek Save and Submit to save and submit. Click Save All Answers to save all unsters MacBook ALL - F2 80 F1 DOO DOO 54 F3 F5 76 # $ N33 ^ 2 3 4 % 5 & 7 6 costs 7642 Current year's 261.000 247,500 297,000 costs Other data: Job Nos. 7640 and 7641 were completed during the year. Instructions: Prove the agreement of Work-in-Process Inventory with the job cost sheets pertaining to unfinished work. In other words, complete the Inventory T-account provided using aforementioned job cost sheet information and other data. Then answer the following questions. All keyed with appropriate punctuation (e. commas). Dollar signs are not recorded within T-accounts. Work-in-Process Inventory 1/1 Balance Completed work Direct materials Direct labor Manufacturing Overhead 2/31 Balance hat is the beginning balance of Work-in-Process Inventory at January 12 nat amount of direct materials was assigned to work-in-process during the year? hat amount of direct labor was assigned to work-in-process during the year? at amount of manufacturinn varhand wee accinnor in work.in.nrnce during the vaar? Save and Submit to save and submit. Click Save All Answers to save all answers. MacBook Air 80 000 000 F4 33 F3 F5 76 Current year's costs Current year's costs 261,000 247,600 297.000 40 and 7841 were completed during the year. S: greement of Work-in-Process Inventory with the job cost shoots pertaining to unfinished work. In other words, complete the Work-in-Process account provided using aforementioned job cost sheet information and other data. Then answer the following questions. All answers should be appropriate punctuation (le, commas). Dollar signs are not recorded within T-accounts. Work-in-Process Inventory Completed work ng ce eginning balance of Work-in-Process Inventory at January 1? of direct materials was assigned to work-in-process during the year? of direct labor was assigned to work-in-process during the year? of manufacturinn verhoor we seeinner in werk.in. mnace during the var? bmit to save and submit. Click Save All Answers to save all answers. MacBook Air 80 DOO 000 F4 17 F6 FS 12 F3 01_ & 1/1 Balance Completed work Direct materials Direct labor Manufacturing overhead 12/31 Balance What is the beginning balance of Work-in-Process Inventory at January 1? What amount of direct materials was assigned to work-in-process during the year? What amount of direct labor was assigned to work-in-process during the year? What amount of manufacturing overhead was assigned to work-in-process during the year? What was the total cost amount of Job 7640 that was completed? What was the total cost amount of Job 7641 that was completed? What is the total cost amount of the unfinished Job 7642 that remains in work-in-process? Click Save and Submit to save and submit. Click Save All Answers to save all answers
