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bernie2981 bernie2981
wrote...
Posts: 3810
8 years ago
Shiloh Company uses a job costing system. The company's schedule of cost of goods manufactured showed the following amounts for September.

Cost of goods manufactured   $63,000
Cost of direct materials used   $24,000
Cost of direct labor ($17 per hour)   $25,500
Work in process inventory, September 1    $3,000

Actual manufacturing overhead costs for September amount to $24,000.

What is the amount of work in process inventory on September 30?
A) $66,000
B) $21,000
C) $13,500
D) $73,500
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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Posts: 2158
8 years ago
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bernie2981 Author
wrote...
8 years ago
Answers my question perfectly.
wrote...
5 years ago
tanks this is great
wrote...
3 years ago
Thank you
wrote...
3 years ago
thank you!
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