6. LO 4 On December 31, Talley Company recorded the following information in the...
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Accounting
6.
LO 4 On December 31, Talley Company recorded the following information in the Grating Department's Work in Process Inventory account:
|
| Units | Cost |
|---|---|---|
| Beginning balance (80% complete) | 5,000 | $56,000 |
| Started into production | 115,000 | $1,505,800 |
| Completed and transferred to Assembly Department | 105,000 | ? |
| Ending balance (60% complete) | 15,000 |
LO 4 Refer to question 6. What is the ending balance in the Work in Process Inventory account on December 31?
(a)
$123,300
(b)
$205,500
(c)
$195,300
(d)
$168,000
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You can see the logs in the Dashboard.