Question
The following information has been taken from the perpetual inventory system of Hoppy Co. for the month ended September 30, 2023: $72,000 Direct materials used..
The following information has been taken from the perpetual inventory system of Hoppy Co. for the month ended September 30, 2023: $72,000 Direct materials used.. $70,000 Direct labor costs assigned to production $40,000 $60,000 Balances in inventory Sept 30 Sept 1 Materials $? $60,000 Work in Process $35,000 $45,000 $88,000 $76,000 (5 pts) Refer to the above data. The total amount of inventory to be included in Hoppy Co. September 30^("th ") balance sheet amounts to: A. $255,000. B. $123,000. C. $185,000. D. Some other amount. (5 pts) Refer to the above data. The cost of finished goods manufactured for Hoppy Co. in September is: A. $190,000. B. $180,000. C. $213,000. D. Some other amount.
The following information has been taken from the perpetual inventory system of Hoppy Co. for the month ended September 30, 2023: 5. (5 pts) Refer to the above data. The total amount of inventory to be included in Hoppy Co. September 30th balance sheet amounts to: A. $255,000. B. $123,000. C. $185,000. D. Some other amount. 6. (5 pts) Refer to the above data. The cost of finished goods manufactured for Hoppy Co. in September is: A. $190,000. B. $180,000. C. $213,000. D. Some other amountStep by Step Solution
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