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    csunshinels Posts: 2, Reputation: 1
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    #1

    Jun 13, 2013, 03:56 PM
    Managerial accounting problem
    The balance in White Company's work-in-process inventory account was $15,000 on August 1 and $18,000 on August 31. The company incurred $30,000 in direct labor cost during August and requisitioned $25,000 in raw materials (all direct material). If the sum of debits to the manufacturing overhead account totaled $28,000 for the month, and if the sum of credits totaled $30,000, then was Finished Goods debited or credited? By how much?

    I don't want just the answer, I would like to know the steps on how to solve this please.
    csunshinels's Avatar
    csunshinels Posts: 2, Reputation: 1
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    #2

    Jun 14, 2013, 08:43 AM
    Disregard - I figured it out :-)
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