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asaini1254 asaini1254
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A year ago

Kapanga Manufacturing Corporation uses a job-order costing system and started the month of October with a zero balance in its work in process and finished goods inventory accounts. During October, Kapanga worked on three jobs and incurred the following direct costs on those jobs:

Job B18Job B19Job C11
Direct materials$12,000$25,000$18,000
Direct labor$ 8,000$10,000$ 5,000

Kapanga applies manufacturing overhead at a rate of 150% of direct labor cost. During October, Kapanga completed Jobs B18 and B19 and sold Job B19.

How much is Kapanga's work in process inventory balance at the end of October?



▸ $23,000

▸ $30,500

▸ $32,000

▸ $43,000
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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austsieraustsier
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