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TB MC Qu. 7-39 (Algo) The financial records for the Harrison Manufacturing... The financial records for the Harrison Manufacturing Company have been destroyed in a
TB MC Qu. 7-39 (Algo) The financial records for the Harrison Manufacturing... The financial records for the Harrison Manufacturing Company have been destroyed in a fire. The following information has been obtained from a separate set of books maintained by the cost accountant. The cost accountant now asks for your assistance in computing the missing amounts. Direct Materials Inventory Beg. Bal. 9,800 7 Transferred out Purchases 2 Cost of Goods Sold 75,000 End. Bal. 8,200 Finished Goods Inventory Beg. Bal. 2 Transferred Out WorkPoco aventory Beg. Bal. 9,300 2 Transferred Out Materials 21,600 Labor 15,300 Overhead 9,800 End. Bal. 2 Transferred in End. Bal. 41,300 6,000 What is the value of the beginning Finished Goods Inventory? Multiple Choice $39700 Materials 21,600 Labor 15,300 Overhead 9,800 End. Bal. ? Transferred in End. Bal. 41,300 6,000 What is the value of the beginning Finished Goods Inventory? Multiple Choice $39,700 $0. o $5,000 $15.100
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