layah7981
layah7981
01.05.2021 • 
Business

The accounting records of Roland Manufacturing Company include the following information: Dec. 31 Jan. 1
Work in process inventory $20,000 $50,000
Finished goods inventory 120,000 150,000
Direct materials used 350,000
Direct labor 160,000
Selling expenses 125,000

Manufacturing overhead is applied at a rate of 150% of direct labor cost.
What is the total of the debits to Work in Process Inventory during the year?

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