The following information has been taken from the perpetual inventory system of
ID: 2596911 • Letter: T
Question
The following information has been taken from the perpetual inventory system of Imperial Mfg. Co. for the month ended September 30: Purchases of direct materials Direct materials used Direct labor costs assigned to production Manufacturing overhead costs incurred $74,000 $ 51,200 $36,000 $49,000 Balances in inventory Materials Work in Process Finished Goods Sept 30 Sept 1 $ ? 47000 $37,000 46,000 $ 41,000 74,000 Total manufacturing costs charged (debited) to Work in Process during September amount to: Multiple Choice $145,200 $136,200 $159,000Explanation / Answer
Answer is $136,200
We get it by adding (51200+36000+9000)[Direct material used + Labour+ Manufacturing Overhead)
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