Beginning inventory and ending inventory

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Reference no: EM131256216

Mendez Inc had the following information for the preceding year: Beginning Inventory (1/1) Ending Inventory (12/31) Work in Process Inventory $? $ 36,000 Finished Goods Inventory $ ? $ 33,500 Additional information for the year is as follows: Direct materials used $ 202,500 Direct labor $ 150,800 Manufacturing overhead applied $ 162,300 Cost of goods manufactured $ 534,600 Cost of goods sold $ 545,100 What was the beginning Work in Process Inventory balance on 1/1?

Reference no: EM131256216

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