Solution-Determine the ending work-in-process inventory

Determine the ending work-in-process inventory

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Reference no: EM133093148

Question - Information from Yoda's Stick Company is given below in $000s for this period:

Sales $700

Selling and administrative costs 52

Purchases of raw materials 18

Direct labor 22

Manufacturing overhead 210

Raw materials used (all direct cost) 22

Cost of goods manufactured 136

Beginning raw materials inventory 60

Beginning work-in-process inventory 206

Beginning finished goods inventory 180

Ending finished goods inventory 150

Required -

1. Determine the Ending Raw Materials assuming all Raw Materials costs are classified as direct costs?

2. Determine the Ending Work-in-Process Inventory?

3. Determine the Cost of Goods Sold?

Reference no: EM133093148

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Determine the ending work-in-process inventory

Reference no: EM133093148

Reference no: EM133093148

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