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Author Question: To follow is selected financial data from Harmon Manufacturing for the most recent year.Ending raw ... (Read 394 times)

Themember4

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on: Jan 4, 2020
To follow is selected financial data from Harmon Manufacturing for the most recent year.

Ending raw materials inventory $19,000
Ending work in process inventory $42,000
Ending finished goods inventory $54,100
Amount of underallocated manufacturing overhead $3,100
Cost of goods sold for year $81,000
Cost of raw materials purchased during year $45,300
Cost of direct materials requisitioned during year $41,700
Cost of indirect materials requisitioned during year $7,100
Cost of goods completed during year $110,000
Manufacturing overhead allocated $60,000
Manufacturing overhead % of direct labour cost125%


What is the beginning raw materials inventory at Harmon Manufacturing?
◦ $22,500
◦ $3,500
◦ $67,800
◦ $15,400
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Marked as best answer by Themember4 on Jan 4, 2020

sabina576

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Reply #1 on: Jan 4, 2020
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Hoàng Hoàng

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Reply #2 on: Dec 10, 2020
Thank You


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