The accounts of Delphinia Dreams,Inc.showed the following balances at the beginning of October: $$\begin{array} { | l | r | }
\hline \text { Account } & \text { Debit } \
\hline \text { Raw Materials Inventory } & \$ 31,000 \
\hline \text { Work-in-Process Inventory } & 42,000 \
\hline \text { Finished Goods Inventory } & 52,000 \
\hline \text { Manufacturing Overhead } & 20,000 \
\hline
\end{array}$$
During the month,direct materials amounting to $22,000 and indirect materials amounting to $5,000 were issued to production.What is the ending balance in the Work-in-Process Inventory account following these two transactions?
A) $42,000
B) $64,000
C) $10,000
D) $25,000

Question

The accounts of Delphinia Dreams,Inc.showed the following balances at the beginning of October: $$\begin{array} { | l | r | } 
\hline \text { Account } & \text { Debit } \
\hline \text { Raw Materials Inventory } & \$ 31,000 \
\hline \text { Work-in-Process Inventory } & 42,000 \
\hline \text { Finished Goods Inventory } & 52,000 \
\hline \text { Manufacturing Overhead } & 20,000 \
\hline
\end{array}$$ 
During the month,direct materials amounting to $22,000 and indirect materials amounting to $5,000 were issued to production.What is the ending balance in the Work-in-Process Inventory account following these two transactions?
A) $42,000
B) $64,000
C) $10,000
D) $25,000

Quizplus · Accepted Answer

The ending balance in the Work-in-Process Inventory account is calculated by adding the beginning balance ($42,000) to the cost of direct materials issued to production ($22,000). Indirect materials ($5,000) would typically be charged to Manufacturing Overhead and not directly to Work-in-Process Inventory. Therefore, the ending balance is $42,000 + $22,000 = $64,000.

The Accounts of Delphinia Dreams,Inc During the Month,direct Materials Amounting to $22,000 and Indirect Materials