Question
Using the following data, calculate the beginning work in process inventory. Cost of goods sold ..........P70 Direct labor ................P20 Direct materials ............P15 Cost of goods
Using the following data, calculate the beginning work in process inventory.
Cost of goods sold ..........P70
Direct labor ................P20
Direct materials ............P15
Cost of goods manufactured ..P80
Work in process beginning ...... P25
Finished goods ending .......P15
Manufacturing overhead ......P30
The ending work in process inventory is:
a. P10.
b. P15.
c. P55.
d. P25
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Managerial Accounting
Authors: John Wild, Ken Shaw
5th edition
978-1259176494, 1259176495, 978-1259347641, 1259347648, 978-0078025600
