Question
Talking Technology manufactures walkie-talkies. The companys ending Work in Process Inventory for 2014 is $15,000. During 2015, it expects to start an additional $100,000 of
Talking Technology manufactures walkie-talkies. The companys ending Work in Process Inventory for 2014 is $15,000. During 2015, it expects to start an additional $100,000 of product and complete 80% of the total Work in Process Inventory. Compute the Work in Process Inventory balance on the pro-forma balance sheet at December 31, 2015.
- A : $15,000
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B : $20,000
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C : $23,000
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D : $18,000
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Core Concepts Of Accounting
Authors: Leslie K. Breitner, Robert N. Anthony
10th Edition
0136029442, 9780136029441
