Beginning work in process inventory 35000 and direct labor


Question - Turnbull Manufacturing Company reported the following year-end information:

Beginning work in process inventory $ 35,000

Beginning raw materials inventory 20,000

Ending work in process inventory 40,000

Ending raw materials inventory 10,000

Raw materials purchased 560,000

Direct labor 180,000

Manufacturing overhead 150,000

How much is Turnbull Manufacturing's total cost of work in process for the year?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Beginning work in process inventory 35000 and direct labor
Reference No:- TGS02791966

Now Priced at $25 (50% Discount)

Recommended (94%)

Rated (4.6/5)