Question

Compute the Work-in-Process transferred to the finished goods warehouse on April 30 using the following information:...

Compute the Work-in-Process transferred to the finished goods warehouse on April 30 using the following information:

Work-In-Process Inventory, April 30 $ 185
Direct material purchased during April 160
Work-In-Process Inventory, April 1 210
Direct labor costs incurred 310
Manufacturing overhead costs 260
Direct materials used in production 135

Multiple Choice

  • $680.

  • $705.

  • $780.

  • $730.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

answer: $730

   Explanation: work in process transferred to finished goods=beginning work in process (april1)+direct labour cost incurred+Manufacturing OVERHEAD cost+direct material used in production - ending work in process inventory April 30

   $210+$310+$260+$135 - $185 = $730

     

   ALL THE BEST

PLEASE DO SUPPORT US

ANY doubt please comment below

Thank you

Add a comment
Know the answer?
Add Answer to:
Compute the Work-in-Process transferred to the finished goods warehouse on April 30 using the following information:...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Compute the Work-in-Process transferred to the finished goods warehouse on April 30 using the following Information:...

    Compute the Work-in-Process transferred to the finished goods warehouse on April 30 using the following Information: Work-In-Process Inventory, April 30 Direct material purchased during April Work-In-Process Inventory, April 1 Direct labor costs incurred Manufacturing overhead costs Direct materials used in production $ 245 220 270 370 320 195 Multiple Choice $885. $860. $910. $960.

  • During April, the production department of a process operations system completed and transferred to finished goods...

    During April, the production department of a process operations system completed and transferred to finished goods 28,000 units that were in process at the beginning of April and 88,000 units that were started and completed in April. April's beginning inventory units were 100% complete with respect to materials and 45% complete with respect to labor. At the end of April, 31,000 additional units were in process in the production department and were 100% complete with respect to materials and 50%...

  • Assume the following information pertaining to Moonbeam Company: Finished goods inventory Work in process inventory Direct...

    Assume the following information pertaining to Moonbeam Company: Finished goods inventory Work in process inventory Direct materials Beginning $158,500 104,000 140,750 Ending $149,650 127,750 157,550 Costs incurred during the period are as follows: Total manufacturing costs Factory overhead Direct materials used $934,000 218,000 172,150 Cost of goods sold is calculated to be: Multiple Choice O $910.250. $926,100 $932,100 ooo $906,100. O $919,100.

  • Cost of Goods Sold, Cost of Goods Manufactured Glenville Company has the following information for April:...

    Cost of Goods Sold, Cost of Goods Manufactured Glenville Company has the following information for April: Cost of direct materials used in production $ 62,000 Direct labor 72,000 Factory overhead 23,000 Work in process inventory, April 1 50,000 Work in process inventory, April 30 39,000 Finished goods inventory, April 1 25,000 Finished goods inventory, April 30 18,000 a. For April, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured. Glenville Company...

  • Cost of Goods Sold, Cost of Goods Manufacture Glenville Company has the following information for April:...

    Cost of Goods Sold, Cost of Goods Manufacture Glenville Company has the following information for April: Cost of direct materials used in production $39,000 Direct labor Factory overhead Work in process inventory, April 1 Work in process inventory, April 30 Finished goods inventory, April 1 Finished goods inventory, April 30 a. For April, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured. 49,000 30,000 24,000 37,000 27,000 21,000 Glenville Company Statement...

  • Cost of Goods Sold, Cost of Goods Manufactured Glenville Company has the following information for April:...

    Cost of Goods Sold, Cost of Goods Manufactured Glenville Company has the following information for April: Cost of direct materials used in production $39,000 Direct labor Factory overhead Work in process inventory, April 1 Work in process inventory, April 30 Finished goods inventory, April 1 Finished goods inventory, April 30 49,000 30,000 24,000 37,000 27,000 21,000 a. For April, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured. Glenville Company Statement...

  • The Work in Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed...

    The Work in Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed and transferred to Finished Goods Inventory. Beginning WIP Direct materials Direct labor Applied overhead Total Mfg. costs To finished goods Ending WIP Work in Process Inventory 5,600 48,200 30,700 16,900 101,400 11,100 The cost of jobs transferred to finished goods is: Multiple Choice O $101,400

  • Cost of Goods Sold, Cost of Goods Manufactured Glenville Company has the following information for April:...

    Cost of Goods Sold, Cost of Goods Manufactured Glenville Company has the following information for April: Cost of direct materials used in production 33,000 Direct labor Factory overhead Work in process inventory, April 1 Work in process inventory, April 30 Finished goods inventory, April 1 Finished goods inventory, April 30 a. For April, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured. 47,000 36,000 20,000 30,000 25,000 19,000 Glenville Company Statement...

  • During November, the production department of a process operations system completed and transferred to finished goods...

    During November, the production department of a process operations system completed and transferred to finished goods 40,000 units that were in process at the beginning of November and 160,000 that were started and completed in November November's beginning inventory units were 100% complete with respect to materials and 30% complete with respect to conversion. At the end of November, 31000 additional units were in process in the production department and were 100% complete with respect to materials and 40% complete...

  • Cost of Goods Sold, Cost of Goods Manufactured Glenville Company has the following information for April:...

    Cost of Goods Sold, Cost of Goods Manufactured Glenville Company has the following information for April: Cost of direct materials used in production $38,000 Direct labor 43,000 Factory overhead 23,000 Work in process inventory, April 1 25,000 Work in process inventory, April 30 34,000 Finished goods inventory, April 1 20,000 Finished goods inventory, April 30 12,000 a. For April, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured. Glenville Company Statement...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT