Solution-What the ending balance of the work in process

What the ending balance of the work in process inventory

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Problem - The Fabricating Department started the current month with a beginning Work in Process inventory of $11,400. During the month, it was assigned the following costs: direct materials, $77,400; direct labor, $25,400; and factory overhead, 70% of direct labor cost. Also, inventory with a cost of $116,000 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: EM133036343

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What the ending balance of the work in process inventory

Reference no: EM133036343

Reference no: EM133036343

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