Bramble Fabricators produces protective covers for smart phones. Since the covers must be customized to each smart phone model, Bramble uses a job order costing system. On September 1, the company reported the following inventory balances:

Direct Materials $33,000
Work in Process $154,000
Finished Goods $264,000

During September, the following events occurred:
1. Bramble purchased direct materials costing $419,000 on account.
2. Bramble used $433,000 in direct materials in production.
3. Bramble’s employees clocked 23,000 direct labor hours at an average wage rate of $13.04 per direct labor hour.
4. The company incurred $175,000 in manufacturing overhead, including $24,000 in indirect labor costs.
5. Using direct labor hours as the application base, the company applied $164,000 of manufacturing overhead to jobs worked on in September.
6. The company completed production on jobs costing $852,000.
7. The company delivered jobs costing $1,084,000 to customers.

Calculate the ending September balance of the Direct Materials, Work in Process, and Finished Goods Inventory accounts.

Direct Materials Ending Inventory      $ 19,000

Work in Process  Ending  Inventory          $ 209920

Ending Inventory F.Goods           32,000

Explanation:

Direct Materials Opening Inventory $33,000

Add Direct Materials Purchases        $419,000

Less Direct Materials Used                $433,000

Direct Materials Ending Inventory      $ 19,000

Direct Materials Used                $433,000

Direct Labor  23000* 13.04=       $ 299,920

Factory Overhead                          $175,000

Total Manufacturing Costs                                $ 907,920

Add Work in Process  Opening Inventory         $154,000

Less Work in Process  Ending  Inventory          $ 209920

Cost Of Goods Manufactured                                             $ 852,000

Add Finished Goods  Opening Inventory       $264,000

Cost Of Goods Available For Sale         1116,000

Less Ending Inventory F.Goods           32,000

Cost of Goods Sold                            $1,084,000              

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

your welcome leave a rate and a < 3