1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DiKsa [7]
2 years ago
6

Compute ending work in process inventory for a manufacturer with the following information. Raw materials purchased.............

...........$124,800 Direct materials used..........................74,300 Direct labor used..............................55,000 Total factory overhead.........................95,700 Work in process inventory, beginning of year........ 26,500 Cost of goods manufactured..................... 221,800
Business
1 answer:
labwork [276]2 years ago
3 0

Answer:

Ending work in progress is $29,700

Explanation:

The total manufacturing cost is computed as:

Total manufacturing cost = Direct material used + Direct Labor + Factory overhead

= $74,300 + $55,000 + $95,700

= $ 225,000

The total cost of work in progress is computed as:

Total cost of work in progress = total manufacturing cost + Opening work in process inventory

= $225,000 + $26,500

= $251,500

The ending work in progress is computed as:

Ending work in progress = Total cost of work in progress - Cost of goods manufactured

= $251,500 - $221,800

= $29,700

You might be interested in
Melissa Thomas leads the marketing research division at Tronics Inc., a manufacturing company based in Alabama. To improve futur
bekas [8.4K]
The answer is online surverys!! Hope this helps
3 0
3 years ago
Physical or mental injuries caused by a crime are known as what?
maksim [4K]
Assault and battery because Battery is a criminal offense involving the unlawful physical acting upon a threat, distinct from assault which is the act of creating apprehension of such contact. In the United States, criminal battery, or simply battery, is the use of force against another, resulting in harmful, offensive or sexual contact.
5 0
3 years ago
Read 2 more answers
A lender uses a credit report to _____.
MrRissso [65]
I am pretty sure it's to decide if the applicant is creditworthy. ( Makes most sense. Did research too.)  :)
7 0
3 years ago
Read 2 more answers
Requirements analysis is a process in which stakeholders identify the features that a project will need and then prioritze them
Nonamiya [84]
I will assume this is a true or false question, the answer is true. Requirements analysis, likewise called requirements engineering, is the way toward deciding client desires for another or altered item. These elements, called necessities, must be quantifiable, significant and point by point. In programming building, such necessities are frequently called utilitarian particulars.
6 0
2 years ago
Jorge considers himself a risk-averse person. He takes the opportunity to switch to a new job where there are two possible outco
Lunna [17]

Answer:

Jorge is not risk-averse

Explanation:

Risk averse means to reluctant to take risk

Since theres a 80% chance that Jorge will get laid off and end up with a job that will pay him $10000 less is very risky instead where he'll earn $30000 where the chance is 20% that he'll get the job.

5 0
3 years ago
Other questions:
  • The first step in preparing a flexible budget is to ________. identify the fixed and variable cost components prepare the budget
    15·1 answer
  • Jolly Candies is a U.S.-based company that manufactures and distributes candy bars and snack foods globally. The company sources
    8·1 answer
  • My answer b am I right
    7·1 answer
  • In the current year, Dove Corporation (E & P of $1 million) distributes all of its property in a complete liquidation. Alexa
    5·2 answers
  • Marigold Corp. reported the following year-end information: beginning work in process inventory, $90000; cost of goods manufactu
    8·1 answer
  • Swifty Company took a physical inventory on December 31 and determined that goods costing $203,600 were on hand. Not included in
    10·1 answer
  • Worth Company reported the following year-end information: beginning work in process inventory, $180,000; cost of goods manufact
    9·1 answer
  • After 8 years of working for a company that installed underground sprinkling systems for golf courses, Jake was ready to venture
    7·1 answer
  • If a broker receives a due diligence fee from a buyer under the north carolina standard offer to purchase and contract, when can
    15·1 answer
  • Contrast the effects of LIFO versus FIFO on reported assets (i.e., the ending inventory) when
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!