The Balance in White Company's Work in Process Inventory Account

question 121

Multiple Choice

The balance in White Company's Work in Process inventory account was $15,000 on August 1 and $18,000 on August 31.The company incurred $30,000 in direct labour cost during August and requisitioned $25,000 in raw materials (all direct material) .If the sum of the debits to the Manufacturing Overhead account total $28,000 for the month,and if the sum of the credits totalled $30,000,then:

• A) Finished Goods was debited for $82,000 during the month.
• B) Finished Goods was credited for $83,000 during the month.
• C) Manufacturing Overhead was underapplied by $2,000 at the end of the month.
• D) Finished Goods was debited for $85,000 during the month.

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Definitions:

Untreated Sewage

Waste water and solids that have not been processed or purified, often containing harmful bacteria, viruses, and chemicals.

Sewage Situation

refers to the condition or management of waste water and solids from residences, institutions, and commercial establishments, often highlighting pollution or disposal issues.

Heavy Oil Components

The high-molecular-weight components found in crude oil, characterized by their high density and viscosity.

Marine Birds

Birds that primarily depend on the ocean for their feeding and breeding, often adapted to life at sea, such as seagulls, albatrosses, and penguins.