1 sales revenue $4000 purchases of direct materials $ 700 direct labor $550 manu

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1 sales revenue $4000
purchases of direct materials $ 700
direct labor $550
manufacturing cost $720
operating expenses $700
beginning direct materials inventory $150
ending direct materials inventory $170
beginning work in process inventory $320
ending work in process inventory $310
beginning finished good inventory $250
ending finished good inventory $200
what is cost of goods manufactured. ?

2 cost of materials purchases on account $76000
cost of direct materials requisitioned $49000
cost of indirect materials requisitioned $3000
direct labor costs incurred $92000
manufacturing overhead cost incurred including indirect materials $97500
cost of goods sold $151000
Beginning raw materials inventory $14500
Beginning work in process inventory $39700
beginning finished goods inventory $32800
predetermined manufacturing overhead rate 120%
What is the balance in work in process inventory at the end of the year ?

Please show me how to do it and the answer. thanks

• 4 hours ago
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1 sales revenue $4000
purchases of direct materials $ 700
direct labor $550
manufacturing cost $720
operating expenses $700
beginning direct materials inventory $150
ending direct materials inventory $170
beginning work in process inventory $320
ending work in process inventory $310
beginning finished good inventory $250
ending finished good inventory $200
what is cost of goods manufactured. ?

2 cost of materials purchases on account $76000
cost of direct materials requisitioned $49000
cost of indirect materials requisitioned $3000
direct labor costs incurred $92000
manufacturing overhead cost incurred including indirect materials $97500
cost of goods sold $151000
Beginning raw materials inventory $14500
Beginning work in process inventory $39700
beginning finished goods inventory $32800
predetermined manufacturing overhead rate 120%
What is the balance in work in process inventory at the end of the year ?

Please show me how to do it and the answer. thanks

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