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Work in Rocess Incomplete motorbikes 30,000.00 25,000.00 Incomplete bicycles 50,000.00 60,000.00

Work in Rocess Incomplete motorbikes 30,000.00 25,000.00 Incomplete bicycles 50,000.00 60,000.00

Accounting Information Systems
Accounting Information Systems
11th Edition
ISBN:9781337552127
Author:Ulric J. Gelinas, Richard B. Dull, Patrick Wheeler, Mary Callahan Hill
Publisher:Ulric J. Gelinas, Richard B. Dull, Patrick Wheeler, Mary Callahan Hill
Chapter6: Relational Database And Sql
Section: Chapter Questions
Problem 2SP
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how much is the inventory write-down for the work in process?

a. 25,000

b. 15,000

c. 5,000

problem-5 - Microsoft Excel (Product Activation Failed) File Home Insert Page Layout Formulas Data Review View ... E- Insert - Σ Calibri - 11 A A General E* Delete *.0 .0 Conditional Format as Formatting Table - Paste Cell Sort & Find & В I U % EE Format - Styles - Filter Select - Clipboard E Font Alignment Number Styles Cells Editing АЗ fe A B D E H K M N 1 Derek's accountant provided you with the following information regarding inventory on hand on December 31, 2 used in the manufacture of two product lines: motorbikes and bicycles 3 4 Cost NRV 5 Raw Materials 6 Supply of Steel (used for motorbikes) 40,000.00 25,000.00 Supply of aluminum (used for bicycles) 60,000.00 50,000.00 8 9 Work in Rocess 10 Incomplete motorbikes 30,000.00 25,000.00 11 Incomplete bicycles 50,000.00 60,000.00 12 13 Finished Goods 14 Motorbikes 80,000.00 60,000.00 15 Bicycles 80,000.00 110,000.00 16 17 cost of sales before any adjustments to the inventory was P 450,000. I Sheet1 Ready 100% W 4:00 PM EN ull 4/13/2021
Transcribed Image Text:problem-5 - Microsoft Excel (Product Activation Failed) File Home Insert Page Layout Formulas Data Review View ... E- Insert - Σ Calibri - 11 A A General E* Delete *.0 .0 Conditional Format as Formatting Table - Paste Cell Sort & Find & В I U % EE Format - Styles - Filter Select - Clipboard E Font Alignment Number Styles Cells Editing АЗ fe A B D E H K M N 1 Derek's accountant provided you with the following information regarding inventory on hand on December 31, 2 used in the manufacture of two product lines: motorbikes and bicycles 3 4 Cost NRV 5 Raw Materials 6 Supply of Steel (used for motorbikes) 40,000.00 25,000.00 Supply of aluminum (used for bicycles) 60,000.00 50,000.00 8 9 Work in Rocess 10 Incomplete motorbikes 30,000.00 25,000.00 11 Incomplete bicycles 50,000.00 60,000.00 12 13 Finished Goods 14 Motorbikes 80,000.00 60,000.00 15 Bicycles 80,000.00 110,000.00 16 17 cost of sales before any adjustments to the inventory was P 450,000. I Sheet1 Ready 100% W 4:00 PM EN ull 4/13/2021
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