What is the value of work-in-process inventory on april 30

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Question: Bostwick Chemicals started business on April 1. The following operations data are available for April for the one solvent it produces. Gallons Beginning inventory 0 Started in April 366,000 Ending work-in-process inventory (75% complete) 48,000 Costs incurred in April follow. Materials $ 424,500 Labor 731,800 Manufacturing overhead 365,900 There are never any finished goods at Bostwick Chemicals because all production is to order. Required: Compute cost of goods sold for April. What is the value of work-in-process inventory on April 30?

Reference no: EM133659793

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