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Business, 14.11.2019 06:31 tannerlynn4320
The following events took place at a manufacturing company for the current year: (1) purchased $96,300 in direct materials. (2) incurred labor costs as follows: (a) direct, $57,300 and (b) indirect, $14,900. (3) other manufacturing overhead was $108,300, excluding indirect labor. (4) transferred 80% of the materials to the manufacturing assembly line. (5) completed 65% of the work-in-process during the year. (6) sold 85% of the completed goods. (7) there were no beginning inventories. what is the value of the ending work-in-process inventory? multiple choice $13,521.50. $14,532.00. $90,139.00. $96,919.50.
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