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Author Question: To follow is selected financial data from Harmon Manufacturing for the most recent year.Ending raw ... (Read 82 times)

jjjetplane

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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 work in process inventory at Harmon Manufacturing?
◦ $17,000
◦ $2,300
◦ $50,300
◦ $53,400


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Marked as best answer by jjjetplane on Jan 4, 2020

vseab

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jjjetplane

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


hollysheppard095

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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