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10 March, 04:57

Compute the Work-in-Process transferred to the finished goods warehouse on April 30 using the following information: Work-In-Process Inventory, April 30 $ 225 Direct material purchased during April 200 Work-In-Process Inventory, April 1 250 Direct labor costs incurred 350 Manufacturing overhead costs 300 Direct materials used in production 175 $800. $825. $850. $900

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  1. 10 March, 05:13
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    The correct answer is C.

    Explanation:

    Giving the following information:

    Work-In-Process:

    Inventory, April 1: $250

    Inventory, April 30: $225

    Direct material:

    purchased = $200

    Direct materials used in production = $175

    Direct labor = $350

    Manufacturing overhead costs = $300

    Finished goods = WIP beginning inventory + direct material used in production + direct material + allocated overhead - WIP ending inventory

    Finished goods = 250 + 175 + 350 + 300 - 225 = $850
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