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Emerging Dock Company Manufactures Boat Docks on an Assembly Line

Question 125

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Emerging Dock Company manufactures boat docks on an assembly line.Its standard costing system uses two cost categories,direct materials and conversion costs.Each product must pass through the Assembly Department and the Finishing Department.Direct materials are added at the beginning of the production process.Conversion costs are allocated evenly throughout production.
Data for the Assembly Department for May 2017 are:
Emerging Dock Company manufactures boat docks on an assembly line.Its standard costing system uses two cost categories,direct materials and conversion costs.Each product must pass through the Assembly Department and the Finishing Department.Direct materials are added at the beginning of the production process.Conversion costs are allocated evenly throughout production. Data for the Assembly Department for May 2017 are: Costs for May: What is the balance in ending work-in-process inventory? A) $514,855 B) $774,800 C) $288,490 D) $175,960
Emerging Dock Company manufactures boat docks on an assembly line.Its standard costing system uses two cost categories,direct materials and conversion costs.Each product must pass through the Assembly Department and the Finishing Department.Direct materials are added at the beginning of the production process.Conversion costs are allocated evenly throughout production. Data for the Assembly Department for May 2017 are: Costs for May: What is the balance in ending work-in-process inventory? A) $514,855 B) $774,800 C) $288,490 D) $175,960
Emerging Dock Company manufactures boat docks on an assembly line.Its standard costing system uses two cost categories,direct materials and conversion costs.Each product must pass through the Assembly Department and the Finishing Department.Direct materials are added at the beginning of the production process.Conversion costs are allocated evenly throughout production. Data for the Assembly Department for May 2017 are: Costs for May: What is the balance in ending work-in-process inventory? A) $514,855 B) $774,800 C) $288,490 D) $175,960
Costs for May:
Emerging Dock Company manufactures boat docks on an assembly line.Its standard costing system uses two cost categories,direct materials and conversion costs.Each product must pass through the Assembly Department and the Finishing Department.Direct materials are added at the beginning of the production process.Conversion costs are allocated evenly throughout production. Data for the Assembly Department for May 2017 are: Costs for May: What is the balance in ending work-in-process inventory? A) $514,855 B) $774,800 C) $288,490 D) $175,960
Emerging Dock Company manufactures boat docks on an assembly line.Its standard costing system uses two cost categories,direct materials and conversion costs.Each product must pass through the Assembly Department and the Finishing Department.Direct materials are added at the beginning of the production process.Conversion costs are allocated evenly throughout production. Data for the Assembly Department for May 2017 are: Costs for May: What is the balance in ending work-in-process inventory? A) $514,855 B) $774,800 C) $288,490 D) $175,960
What is the balance in ending work-in-process inventory?


A) $514,855
B) $774,800
C) $288,490
D) $175,960

Correct Answer:

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