If the balance of Work in Process on August 31 is $217,140, what was the amount debited to Work in Process for direct materials in Augus?
If the balance of Work in Process on August 31 is $217,140, what was the amount debited to Work in Process for direct materials in Augus?
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 10EB: Inez has the following information relating to Job AA5. Direct material cost was $200,000, direct...
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selected accounts with amounts omitted are as follows
Work in Process | |||||
Aug. 1 | Balance | 254,580 | Aug. 31 | Goods finished | 178,220 |
31 | Direct materials | X | |||
31 | Direct labor | 35,400 | |||
31 | Factory overhead | X |
Factory Overhead | |||||
Aug. 1 – 31 | Costs incurred | 96,830 | Aug. 1 | Balance | 14,490 |
31 | Applied | ||||
(30% of direct labor cost) | X |
If the balance of Work in Process on August 31 is $217,140, what was the amount debited to Work in Process for direct materials in Augus?
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