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Roth Company Had the Following Data Available The Ending Inventory of Work in Process Is _____

question 103

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Roth Company had the following data available:  B eginring direct-materials inventory $26,000 Beginning WIP Inventory 64,000 Beginning finished-goods inventory 58,000 Direct materials purchased on account 148,000 Direct materials requisitioned 82,000 Direct-labor cost incurred 130,000 Factory overhead incurred 146,000 Cost of goods completed 292,000 Cost of goods sold 256,000 Overhead applicati on rate 150% as a percent of direct-labor cost)  \begin{array} { l r } \text { B eginring direct-materials inventory } & \$ 26,000 \\\text { Beginning WIP Inventory } & 64,000 \\\text { Beginning finished-goods inventory } & 58,000 \\\text { Direct materials purchased on account } & 148,000 \\\text { Direct materials requisitioned } & 82,000 \\\text { Direct-labor cost incurred } & 130,000 \\\text { Factory overhead incurred } & 146,000 \\\text { Cost of goods completed } & 292,000 \\\text { Cost of goods sold } & 256,000 \\\text { Overhead applicati on rate } & 150 \% \\\quad \text { as a percent of direct-labor cost) } &\end{array} The ending inventory of work in process is _____.


Definitions:

Progress Report

A document or update that provides stakeholders with information on the current status of a project, including what has been completed, what is in progress, and any issues encountered.

As-Needed Basis

A condition or situation in which actions are taken or resources are used only when required.

Appendix

An additional section at the end of a book or document, providing extra information, tables, or references not included in the main text.

Additional References

Additional references are supplementary materials or sources cited to support, clarify, or augment the information presented in a document, presentation, or research.

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