Shiloh Company uses a job costing system.The company's schedule of cost of goods manufactured showed the following amounts for September.

Actual manufacturing overhead costs for September amount to $24,000.
What is the amount of work in process inventory on September 30?

Question

Shiloh Company uses a job costing system.The company's schedule of cost of goods manufactured showed the following amounts for September.

Actual manufacturing overhead costs for September amount to $24,000.
What is the amount of work in process inventory on September 30?

Quizplus · Accepted Answer

A)$3,000 + 24,000 + 25,500 + 24,000 - 63,000 = $13,500

Shiloh Company Uses a Job Costing System