The following is selected financial data from Turtle Bay Manufacturing for the most recent year. Ending raw materials inventory: $21,000Ending work in process inventory: $44,200Ending finished goods inventory: $53,200Amount of underallocated manufacturing overhead: $5,100Cost of goods sold for year: $85,000Cost of raw materials purchased during year: $45,300Cost of direct materials requisitioned during year: $43,800Cost of indirect materials requisitioned during year: $7,200Cost of goods completed during year: $120,000Manufacturing overhead allocated: $60,000Manufacturing overhead % of direct labor cost: 120%What is the beginning work in process inventory?$10,400
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Home » Business » The following is selected financial data from Turtle Bay Manufacturing for the most recent year. Ending raw materials inventory: $21,000Ending work in process inventory: $44,200Ending finished goods inventory: $53,200Amount of underallocated