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Selected accounts with a credit amount omitted are as follows Work in Process Apr. 1 Balance 7,100   Apr. 30 Goods finished X      30 Direct materials 63,000             30 Direct labor 192,400             30 Factory overhead 57,720        Finished Goods Apr. 1 Balance 12,700             30 Goods finished 303,900        What was the balance of Work in Process as of April 30? a.$12,700 b.$16,320 c.$57,720 d.$303,900

Selected accounts with a credit amount omitted are as follows Work in Process Apr. 1 Balance 7,100   Apr. 30 Goods finished X      30 Direct materials 63,000             30 Direct labor 192,400             30 Factory overhead 57,720        Finished Goods Apr. 1 Balance 12,700             30 Goods finished 303,900        What was the balance of Work in Process as of April 30? a.$12,700 b.$16,320 c.$57,720 d.$303,900

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 27E: Selected information concerning the operations of a company for the year ended December 31 is as...
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    Selected accounts with a credit amount omitted are as follows

    Work in Process
    Apr. 1 Balance 7,100   Apr. 30 Goods finished X
         30 Direct materials 63,000       
         30 Direct labor 192,400       
         30 Factory overhead 57,720       

    Finished Goods
    Apr. 1 Balance 12,700       
         30 Goods finished 303,900       

    What was the balance of Work in Process as of April 30?

    a.$12,700
    b.$16,320
    c.$57,720
    d.$303,900 
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