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What the ending balance of the work in process inventory

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Reference no: EM132879819

Question - The Fabricating Department started the current month with a beginning Work in Process inventory of $11,700. During the month, it was assigned the following costs: direct materials, $77,700; direct labor, $25,700; and factory overhead, 60% of direct labor cost. Also, inventory with a cost of $117,500 was transferred out of the department to the next phase in the process. What the ending balance of the Work in Process Inventory account for the Fabricating Department?

Reference no: EM132879819

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