The following selected account balances are provided for Delray Mfg. $ 1,250,000 37,000 53,900 Sales Raw materials inventory, Dec. 31, 2016 Work in process inventory, Dec. 31, 2016 62,750 175,600 225,000 17,840 47,000 5,250 57,000 94,000 Finished goods inventory, Dec. 31, 2016 Raw materials purchases Direct labor Factory computer supplies used Indirect labor Repairs-Factory equipment Rent cost of factory building Advertising expense General and administrative expenses 129,300 42,700 41,500 67,300 Raw materials inventory, Dec. 31, 2017 Work in process inventory, Dec. 31, 2017 Finished goods inventory, Dec. 31, 2017
The following selected account balances are provided for Delray Mfg. $ 1,250,000 37,000 53,900 Sales Raw materials inventory, Dec. 31, 2016 Work in process inventory, Dec. 31, 2016 62,750 175,600 225,000 17,840 47,000 5,250 57,000 94,000 Finished goods inventory, Dec. 31, 2016 Raw materials purchases Direct labor Factory computer supplies used Indirect labor Repairs-Factory equipment Rent cost of factory building Advertising expense General and administrative expenses 129,300 42,700 41,500 67,300 Raw materials inventory, Dec. 31, 2017 Work in process inventory, Dec. 31, 2017 Finished goods inventory, Dec. 31, 2017
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 4EB: Masonrys records show the raw materials inventory had purchases of $1,000and an ending raw materials...
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