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Compute the Work-in-Process transferred to the finished goods warehouse on April 30 using the following information: Work-In-Process Inventory, April 30 $ 175 Direct material purchased during April 150 Work-In-Process Inventory, April 1 200 Direct labor costs incurred 300 Manufacturing overhead costs 250 Direct materials used in production 12

Respuesta :

Answer:

$700

Explanation:

Given that

Work-In-Process inventory, April 1 = $200

Direct materials used in production = $125

Direct labor costs incurred = $300

Manufacturing overhead costs = $250

Work-In-Process Inventory, April 30= $175

The computation work-in-progress transferred to the finished goods is given below :-

= Work-In-Process inventory, April 1 + Direct materials used in production + Direct labor costs incurred + Manufacturing overhead costs - Work-In-Process Inventory, April 30

= $200 + $125 + $300 + $250 - $175

= $700

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