The accounts of Melissa Manufacturing showed the following balances at the beginning of December: The following transactions took place during the month:
December 2: Issued direct materials $25,000 and indirect materials $4,000 to production.
December 15: Paid $6,000 and $3,000 toward factory's direct labor cost and indirect labor cost,respectively.
What should be the balance in the Work-in-Process Inventory account at the end of December?

Question

The accounts of Melissa Manufacturing showed the following balances at the beginning of December:  The following transactions took place during the month:
December 2: Issued direct materials $25,000 and indirect materials $4,000 to production.
December 15: Paid $6,000 and $3,000 toward factory's direct labor cost and indirect labor cost,respectively.
What should be the balance in the Work-in-Process Inventory account at the end of December?

Quizplus · Accepted Answer

The Answer of The accounts of Melissa Manufacturing showed the following balances at the beginning of December:  The following transactions took place during the month:
December 2: Issued direct materials $25,000 and indirect materials $4,000 to production.
December 15: Paid $6,000 and $3,000 toward factory's direct labor cost and indirect labor cost,respectively.
What should be the balance in the Work-in-Process Inventory account at the end of December?

The Accounts of Melissa Manufacturing Showed the Following Balances at the Beginning