Business, 20.02.2020 01:53 hammackkatelyn60
The Fabricating Department started the current month with a beginning Work in Process inventory of $11,100. During the month, it was assigned the following costs: direct materials, $77,100; direct labor, $25,100; and factory overhead, 70% of direct labor cost. Also, inventory with a cost of $114,500 was transferred out of the department to the next phase in the process. The ending balance of the Work in Process Inventory account for the Fabricating Department is:
a.$16,370.
b.$113,300.
c.$83,839.
d.$198,339.
e.$68,970.
Answers: 3
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The Fabricating Department started the current month with a beginning Work in Process inventory of $...
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