Title: LeBlanc Company has the following balances as of the year ended December 31, 2015.Direct Materials ... Post by: ashly138 on Nov 4, 2017 LeBlanc Company has the following balances as of the year ended December 31, 2015.
Direct Materials Inventory $15,000 Dr. WIP Inventory 34,500 Dr. Finished Goods Inventory 49,500 Dr. Cost of Goods Sold 74,500 Dr. Additional information is as follows: Cost of direct materials purchased during 2015 $41,000 Cost of direct materials requisitioned in 2015 47,000 Cost of goods completed during 2015 102,000 Factory overhead applied (120% of direct labour) 48,000 Underapplied factory overhead 4,000 Required: a. Compute beginning direct materials inventory. b. Compute beginning WIP inventory. c. Compute beginning finished goods inventory. d. Compute actual factory overhead incurred. Title: Re: LeBlanc Company has the following balances as of the year ended December 31, 2015.Direct ... Post by: Allopa on Nov 4, 2017 Content hidden
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