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Calculate the amount of ending work in process inventory

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Reference no: EM133081430

Question - Information from the records of Manufacturing Systems Pty Ltd for the year ended 30 June 2021 is given below.

Direct labour 136,800

Freight In 5,600

Raw material inventory, 1/7/20 74,100

Raw Material Purchase return 34,800

Cost of goods manufactured 2,506,580

Raw materials inventory, 30/6/21 82,400

Work in process inventory, 1/7/20 277,600

Raw materials purchased during the year 934,800

Factory overhead is determined as 150% of direct material cost.

Required - Calculate the amount of ending work in process inventory on 30 June 2021.

Reference no: EM133081430

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