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H3Ko H3Ko
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Posts: 4891
7 years ago
The accounts of Delphinia Dreams, Inc. showed the following balances at the beginning of October:

Account   Debit
Raw Materials Inventory   $31,000
Work-in-Process Inventory   44,000
Finished Goods Inventory   54,000
Manufacturing Overhead   20,000

During the month, direct materials amounting to $21,000 and indirect materials amounting to $6,000 were issued to production. What is the ending balance in the Work-in-Process Inventory account following these two transactions?
A) $10,000
B) $26,000
C) $44,000
D) $65,000
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Posts: 1272
7 years ago
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H3Ko Author
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7 years ago
Really appreciate your help. Sorry for taking so long to thank you, you deserve the recognition.
wrote...
4 years ago
Thank you
wrote...
3 years ago
thanks
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