Homework Answers
Ans:
|
Predetermined overhead rate |
240% |
=90240/37600 |
|
Current manufacturing costs |
169,640 |
=37600+41800+90240 |
|
Ending balance in Work-in-Process |
20740 |
=4600+5100+(4600*240%) |
|
Cost of goods transferred to finished goods |
171000 |
|
|
Add: Ending balance in Work-in-Process |
20740 |
|
|
Less: Current manufacturing costs |
-169640 |
|
|
Beginning balance in Work-in-Process |
22,100 |
|
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48.
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