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Accounting

Prove the agreement of work in progress
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QUESTION 1 For the year ended December 31, 2022, the job cost shoots of Moore Company contained the following data. Job Direct Direct Manufacturing Number Explanation Materials Overhead Labor 7640 Balance 1/1 $112,500 5108,000 $129,600 Current year's 135,000 162,000 194,400 costs 7641 Balance 1/1 49,500 81,000 97,200 Current year's 193,500 216,000 259,200 costs 7642 Current year's 261,000 247,500 297,000 costs Other data: Job Nos. 7640 and 7841 were completed during the year. Instructions: Prove the agreemont of Work-in-Process Inventory with the job cost sheets pertaining to unfinished work. In other w Inventory T-account provided using alorementioned job cost sheet information and other data. Then answer the follo keyed with appropriate punctuation (e. commas). Dollar signs are not recorded within T-accounts. Work in Process Inventory 1/1 Balance Completed work Direct materials Direct labor Manufacturing Overhead 12/31 Balance What is the beginning balance of Work-in-Process Inventory at January 1? What amount of direct materials was assigned to work-in-process during the year? What amount of direct labor was assigned to work-in-process during the year? What amount of manutacturing overhead was assigned to work-in-process during the year? What was the total cost amount of Job 7640 that was completed? Soe and Submit to saw and submit. Click Save All Answers to save all answers

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