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Author Question: Here are selected data for Ansel Corporation:Beginning raw materials inventory$37,000 Beginning work ... (Read 137 times)

nmorano1

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Here are selected data for Ansel Corporation:

Beginning raw materials inventory$37,000 Beginning work in process
 inventory
   61,500
Beginning finished goods inventory    57,500 Cost of materials purchased151,000
Cost of direct materials requisitioned    91,300 Direct labour incurred  127,000
Actual manufacturing overhead  160,000 Cost of goods manufactured293,000
Cost of goods sold257,000 Manufacturing overhead rate  (% of direct labour)  120%


What is the finished goods ending inventory at Ansel Corporation?
◦ $293,000
◦ $78,500
◦ $93,500
◦ $492,500


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Marked as best answer by nmorano1 on Jan 4, 2020

thall411

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nmorano1

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Reply 2 on: Jan 4, 2020
YES! Correct, THANKS for helping me on my review


adf223

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Reply 3 on: Yesterday
Wow, this really help

 

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