Ask Experts Questions for FREE Help !
Ask

Ending Work In Process Inventory

Asked Jan 20, 2009, 12:25 PM — 1 Answer
Company X developed the following data for the current year

Beginning work in process inventory $150,000
Direct materials used 90,000
Actual Overhead 180,000
Overhead applied 135,000
Cost of goods manufactured 165,000
Total Manufacturing costs 450,000

Company X's ending work in process inventory is ?

Search this Thread
Share |
1 Answer
askme42's Avatar
askme42 Posts: 18, Reputation: 1
New Member
  
#2

Jan 21, 2009, 01:26 PM
285,000
Helpful
Not your question? Ask your question View similar questions
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search

Add your answer here.

Remove Text Formatting
 

Undo
Redo
  
Decrease Size
Increase Size
Bold
Italic
Underline
Align Left
Align Center
Align Right
Ordered List
Unordered List
Decrease Indent
Increase Indent
Insert Email Link
Wrap [QUOTE] tags around selected text
Wrap [CODE] tags around selected text
Wrap [HTML] tags around selected text
Wrap [PHP] tags around selected text
Wrap [YOUTUBE] tags around selected text
Notification Type:



Check out some similar questions!

Can't Figure out ending work in process [ 2 Answers ]

The Cutting Department of Groneman Manufacturing has the following production and cost data for July. Production 1. Transferred out 9000 units 2. Started 3,000 units that are 60% complete as to materials at July 31 Costs Beginning work in process $0 Materials ...

Calculating ending work in process [ 1 Answers ]

I have calculated the following information and cannot recall how to calculate the ending work in process without knowing the number of units either sold or finished (ending). Inventory balances: January 1 Beginning Ending Raw materials $30,000 $70,000 Work in...

Ending Inventory [ 1 Answers ]

Is there a specific formula for ending inventory?

View more Finance & Accounting questions Search