Solution-Calculate sandy company beginning work in process

Calculate sandy company beginning work in process inventory

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Reference no: EM132241139

Question - The following information is given for Sandy Company:

a. cost of goods manufactured was $514,000.

b. there is no beginning or ending direct material inventory.

c. conversion costs totaled $360,000 and were equal to three times the prime costs.

d. applied overhead is equal to 340% of direct materials used.

e. beginning finished goods totaled $10,000.

f. beginning work in process is double the cost of ending work in process.

Required - Calculate Sandy Company's beginning work in process inventory balance.

Reference no: EM132241139

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Calculate sandy company beginning work in process inventory

Reference no: EM132241139

Reference no: EM132241139

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