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Question & Answer: The following information is available for Walker Industries: Compute total current manufacturing costs. T…..

M2-14 Calculating Total Current Manufacturing Cost [LO 2-6] The following information is available for Walker Industries: Beginning work in process inventory Ending work in process inventory Cost of goods manufactured $59,000 94,000 311,000 Compute total current manufacturing costs. Total Current Manufacturing Costs

The following information is available for Walker Industries: Compute total current manufacturing costs. Total Current Manufacturing Costs

Expert Answer

 

Determine the total current manufacturing costs as shown below Ending work in manufacturing costs process inventory Beginning work in Beginning work in( Current Cost of goods manufactured- process inventory Ending work in process inventory Cost of Current manufacturing costs- goods - $94,000 + $311,000 S59,000 manufactured process inventory $346,000 Thus, the amount of total current manufacturing costs is S346, 000

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