Flow of manufacturing costs
The "flow" of manufacturing costs through the ledger of Wolpe Mfg.Co.during the month of October is summarized in the following T accounts.Certain amounts have been omitted and are represented by question marks.
From the data supplied above,determine each of the following amounts.Some of the required amounts already appear in the T accounts;others require a short computation.
(a)The amount of direct materials used during the month: $________
(b)The amount paid to direct labor workers during the month: $________
(c)The amount of accrued wages payable to direct labor workers at October 31: $________
(d)Total manufacturing costs charged (debited)to the Work in Process Inventory account during the month: $________
(e)The cost of finished goods manufactured during the month: $________
Correct Answer:
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(b)$29,00...
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