Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
H3Ko H3Ko
wrote...
Go to Answer
Posts: 4891
Rep: 45 0
7 years ago
The following information has been provided by New Age, Inc.:

Direct Labor   $25,100
Direct Materials Used   11,000
Raw Materials Purchased   16,710
Cost of Goods Manufactured   49,000
Ending Work-in-Process Inventory   11,200
Corporate Headquarters' Property Taxes   1,500
Manufacturing Overhead   19,350

Calculate the beginning balance of the Work-in-Process Inventory account.
A) $93,250
B) $4,750
C) $44,250
D) $60,200
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
Read 301 times
4 Replies
Replies
Answer verified by a subject expert
Mrgo-breedMrgo-breed
wrote...
#1
Top Poster
Posts: 2227
Rep: 276 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

H3Ko Author
wrote...
#2
7 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
wrote...
#3
4 years ago
need help
wrote...
#4
4 years ago
Holy cow I got this right. Appreciate the confirmation!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1098 People Browsing
 114 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 223
  
 380
  
 349
Your Opinion
Do you believe in global warming?
Votes: 370
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?