Wildhorse Manufacturing Company has the following account balances at year-end: Office supplies Raw materials Work-in-process $6800 23600 $52200. $126900. $120100. $96500. 44300 Finished goods Prepaid insurance 8100 52200 What amount should Wildhorse report as inventories in its balance sheet?

Wildhorse Manufacturing Company has the following account balances at year-end: Office supplies Raw materials Work-in-process $6800 23600 $52200. $126900. $120100. $96500. 44300 Finished goods Prepaid insurance 8100 52200 What amount should Wildhorse report as inventories in its balance sheet?

Name: Wildhorse Manufacturing Company has the following account balances at
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Description: Wildhorse Manufacturing Company has the following account balances at year-end:Office suppliesRaw materialsWork-in-process$680023600$52200.$126900.$120100.$96500.44300Finished goodsPrepaid insurance 810052200What amount should Wildhorse report as in

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter1: Introduction To Cost Accounting

Section: Chapter Questions

Problem 8E: The following data are taken from the general ledger and other records of Phoenix Products Co. on...

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