Coronado Fabricators produces protective covers for smart phones. Since the covers must be customized to each...

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Coronado Fabricators produces protective covers for smart phones. Since the covers must be customized to each smart phone mod Calculate the ending September balance of the Direct Materials, Work in Process, and Finished Goods Inventory accounts. Endin

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Answer 1

Answer #1

1) Ending WIP

Beginning WIP	151000
Direct material	429000
Direct labor (25000*10.22)	255500
Applied overhead	167000
Cost of goods manufactured	-851000
Ending WIP	151500

2) Total manufacturing cost

Direct material	429000
Direct labor (25000*10.22)	255500
Applied overhead	167000
Total manufacturing cost	851500

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Answer 2

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