Given the following information compute the ending balances

Reference no: EM13600730

Given the following information, compute the ending balances of the Materials Inventory, Work in Process Inventory, and Finished Goods Inventory accounts:

Materials Inventory, beginning balance: $23,000
Work in Process Inventory, beginning balance: 25,750
Finished Goods Inventory, beginning balance: 38,000
Direct materials purchased: 85,000
Direct materials placed into production: 74,000
Direct labor costs: 97,000
Overhead costs: 35,000
Cost of goods manufactured: 123,000
Cost of goods sold: 93,375

Reference no: EM13600730

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Given the following information compute the ending balances

Reference no: EM13600730

Reference no: EM13600730

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