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How to get beginning work in process inventory-ending work

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Reference no: EM132052607

Beginning work in process inventory  $         -  

Direct Materials:

Materials - Beginning  $5,000.00

Add: Purchases for month of January

Materials Available for use  $    60.00

Deduct: Ending materials   $3,000.00

Materials used in production  $2,000.00

Direct Labor  $6,240.00

Factory Overhead   $2,800.00

Total Manufacturing OH  $9,040.00

Deduct: Ending work in process inv.  

Cost of Goods Manufactured

Can someone explain to me how to get Beginning work in process inventory and ending work in process Inv?

Reference no: EM132052607

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