Selected financial information for Chestnut, Inc. for the month is provided below. Beginning work in process...
Selected financial information for Chestnut, Inc. for the month is provided below.
Beginning work in process inventory $3,900
Direct materials used 16,200
Direct labor 19,000
Manufacturing overhead
Total manufacturing costs 64,800
Total cost of work in process Ending work in process 9,000
Cost of goods manufactured
Beginning finished goods Cost of goods available for sale 78,500
Ending finished goods Cost of goods sold 75,000
Compute the total cost of work in process.
Answers:
A. $12,900
B. $68,700
C. $64,800
D. $5,100
Homework Answers
Question
Answer :
Total Cost of Work in process = Work In Process ( Beginning) + Total Manufacturing Cost
= $3900 + $ 64,800
= $ 68,700
Total Cost of Work In Process = Answer (B) $ 68,700
Add Answer to:
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