Crockett Company Had a Beginning Work in Process Inventory Balance

question 77

Multiple Choice

Crockett Company had a beginning work in process inventory balance of $33,200.During the year,$57,000 of direct materials was placed into production.Direct labor was $61,500,and indirect labor was $19,500.Manufacturing overhead is allocated at 130% of direct labor costs.Actual manufacturing overhead was $86,500,and jobs costing $225,000 were completed during the year.What is the ending work in process inventory balance?

• A)$171,800
• B)$ 13,200
• C)$ 79,950
• D)$ 6,650

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Definitions:

Lens

A piece of transparent material, typically glass or plastic, shaped to focus or redirect light rays, used in glasses, cameras, and other optical devices.

Retina

The light-sensitive layer of tissue at the back of the eye that converts light images into electrical signals sent to the brain.

Eye Shape

The form or appearance of the human eye, which can vary widely among individuals, including aspects such as size, spacing, and the curvature of the lid.

Gustatory Cortex

An area of the brain that is responsible for interpreting taste sensations by integrating information from the taste cells with other information to provide a more complete interpretation.