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Title: Managerial accounting question on calculating ending work in process inventory Post by: lisaann on Apr 15, 2019 Swifty Corporation has beginning work in process inventory of $154000 and total manufacturing costs of $1086000. If cost of goods manufactured is $1060000, what is the cost of the ending work in process inventory?
Title: Re: Managerial accounting question on calculating ending work in process inventory Post by: asad345 on Apr 15, 2019 Hi there
I found a similar problem shown below: Barton Company has beginning work in process inventory of $144,000 and total manufacturing costs of $686,000. If cost of goods manufactured is $660,000, what is the cost of the ending work in process inventory? Answer: $170,000 Were you provided a formula that was can use to derive your answer? If so, please respond below with it |