If the cost of the beginning work in process inventory is $60,000, costs of goods manufactured is $890,000, direct materials cost is $330,000, direct labor cost is $210,000, and overhead cost is $315,000, calculate the ending work in process inventory.
A. $35,000.
B. $45,000.
C. $355,000.
D. $350,000.
E. $25,000.
Answer: E
You might also like to view...
The ________ project cost is the sum of the indirect and direct costs.
Fill in the blank(s) with the appropriate word(s).
What is an advantage of using spreadsheet-based simulation models?
A) The amount of programming required B) The cost of the spreadsheet software C) The time to run the simulation D) The time to develop the models E) All are advantages of using spreadsheet-based models
Indicate how each event affects the elements of financial statements. Use the following letters to record your answer in the box shown below each element. You do not need to enter amounts. Enter only one letter for each element.Increase = IDecrease = DNo Effect = NOn April 1, Year 2, Jenkins Company repaid a $20,000, one-year, 6% note and interest to Community Bank. Interest on the note had been accrued on December 31, Year 1.AssetsLiabilitiesEquityRevenuesExpensesNetIncomeCash Flow? ?????
What will be an ideal response?
Select the two items below that would be included in a status report for a project.
A. Related dependencies B. Effort required C. Next steps D. Time required E. Current status