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The Balance in the Work in Process Inventory Account on April

Question 67

Multiple Choice

The balance in the Work in Process Inventory account on April 1 was $25,000, and the balance on April 30 was $22,600. Costs incurred during the month were as follows: direct materials, $41,250; direct labor, $21,300; and overhead, $32,600. What amount was transferred to the Finished Goods Inventory account for April?


A) $97,550
B) $2,400
C) $88,550
D) $120,150

Correct Answer:

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