Question

Question 4 (of 40) Case (A) Case (C) $13,900 14.300 Beginning Balance (BB) Ending Balance (EB) Transferred In (TH) Transferred Out (TO) Case (8) $ 29,000 25.200 103.700 $ 73,000 155,600 170.600 27700 For Case (C) above, what is the amount Transferred In (TI)? O $13.400 O $27.300 O $28,100. $42.000

Answer 1

1) Ending balance= Beginning balance+Transferred in-Transferred out

$14300= $13900+Transferred in-27700

Transferred in= $14300+27700-13900= $28100

So, the answer is option C) $28100

2) Direct materials used= Beginning raw materials+Purchases-Ending raw materials inventory-Indirect materials used

= $53000+73000-37000-2000

= $87000

So, the answer is option A) $87000