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bernie2981 bernie2981
wrote...
Posts: 3810
8 years ago
Here are selected data for Sunny Sky Corporation:

Beginning raw materials inventory   $37,000    Beginning work in process inventory    62,200
Beginning finished goods inventory    58,300    Cost of materials purchased   151,000
Cost of direct materials requisitioned    91,300    Direct labor incurred    135,000
Actual manufacturing overhead   160,000    Cost of goods manufactured   287,000
Cost of goods sold   265,000    Manufacturing overhead rate (% of direct labor)    125%

What is the ending work in process inventory balance?
A) $229,950
B) $161,500
C) $211,200
D) $170,250
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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Posts: 2158
8 years ago
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bernie2981 Author
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8 years ago
Smart ... Thanks!
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You make an excellent tutor!
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