8/ If the cost of the beginning work in process inventory is $60,400, costs of g

Question

8/ If the cost of the beginning work in process inventory is $60,400, costs of goods manufactured is $910,000, direct materials cost is $334,000, direct labor cost is $214,000, and overhead cost is $319,000, calculate the ending work in process inventory:

Multiple Choice

$103,400.

$316,600.

$17,400.

$362,000.

$43,000.

9/ Use the following data to determine the cost of goods manufactured:

Multiple Choice

$102,500.

$111,300.

$114,900.

$97,600.

$101,200.

10/ Using the information below for Sundar Company; determine the total manufacturing costs added during the current year:

Multiple Choice

$97,400.

$44,300.

$96,800.

$43,700.

$77,400.

Beginning finished goods inventory $ 11,000 Direct labor 30,800 Beginning work in process inventory 7,400 General and administrative expenses 13,700 Direct materials used 40,700 Ending work in process inventory 9,200 Indirect labor 6,500 Ending finished goods inventory 9,700 Indirect materials 13,700 Depreciation—factory equipment 7,700

Explanation / Answer

8 Ending work in process inventory = 334000+214000+319000+60400-910000= $17400 9 Direct materials used 40700 Direct labor 30800 Manufacturing overhead 27900 =6500+13700+7700 Beginning work in process inventory 7400 Less:Ending work in process inventory -9200 cost of goods manufactured 97600 10 Total manufacturing costs added during the current year = 19400+24900+53100= $97400

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