Selected accounts with some amounts onnitted are as follows Work in Process 20,000 Oct 31 Finished...

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Selected accounts with some amounts onnitted are as follows Work in Process 20,000 Oct 31 Finished Goods Oct. 1 Balance 31 Di

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Answer 1

Answer #1

Answer:- c. $63,300

Computation:-

Finished goods during October $360,000

Add: Balance of work in progress on October 31 $21,000

Less: Balance of work in progress on October 1 ($20,000)

Less: Direct Materials ($96,700)

Less: Direct Labor ($201,000)

Factory Overhead applied in October $63,300

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Answer 2

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