Question
) The following information is provided by Panther Company: WIP Inventory,January 1 0 units Units started 22,000 units Units completed and transferred out 9,000 units
) The following information is provided by Panther Company:
WIP Inventory,January 1
0 units
Units started
22,000 units
Units completed and transferred out
9,000 units
WIP Inventory, December 31
13,000 units
Direct materials
$24,900
Direct labor
$13,100
Manufacturing Overhead
$12,000
The units were 80% complete for materials and 30% complete for conversion costs.
How much are the total costs to be accounted for during the year?
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Accounting Chapters 1-13
Authors: Carl Warren
27th Edition
1337272108, 978-1337272100
