Trout Company manufactures generic greeting cards.Material is introduced at the beginning of the process in the Printing department.Conversion costs are applied uniformly throughout the process.The weighted-average method of product costing is used.Data for the Printing department for the month of September follow: $\begin{array}{lr}\text { Work-in-process inventory, September } 1\\\\ \text { Units } & 22,500 \text { units } \\ \text { Direct materials } 100 \% \text { complete) } & \$ 51,000 \\ \text { Conversion costs 30\% complete) } & \$ 20,472\\\\\text { Units started in September } & 127,500 \text { units } \\ \text { Units completed in September } & 125,000 \text { units } \\ \text { Work-in-process inventory, September 30 } & 27,000 \text { units }\\100 \% \text { complete with regard to materials }\\\text { and } 60 \% \text { complete with regard to conversion costs) }\\\\\text { Direct materials added in September }&\$427,500\\\text { Conversion costs added in September }&\$315,000 \end{array}$ The total cost of the ending work-in-process inventory is _____.

A) $151,200 B) $90,720 C) $125,172 D) $128,520 A) $151,200 B) $90,720 C) $125,172 D) $128,520

Bev Company uses a job-order-cost system and had the following data available: \[\begin{array} { l r } \text { Beginning direct-materials inventory } & \$ 26,000 \\ \text { Beginning WIP inventory } & 64,000 \\ \text { Beginning finished-goods inventory } & 58,000 \\ \text { Direct materials purchased on account } & 148,000 \\ \text { Direct materials requisitioned } & 82,000 \\ \text { Direct-labor cost incurred } & 130,000 \\ \text { Factory overhead incurred } & 146,000 \\ \text { Cost of goods completed } & 292,000 \\ \text { Cost of goods sold } & 256,000 \\ \text { Overhead applicati on rate } & 125 \% \\ \quad \text { as a percent of direct-labor cost) } & \end{array}\] The journal entry to record the purchase of direct materials would include a _____.

A) debit to WIP Inventory for $82,000 B) debit to Direct-Materials Inventory for $148,000 C) credit to Direct-Materials Inventory for $148,000 D) credit to WIP Inventory for $82,000 A) debit to WIP Inventory for $82,000 B) debit to Direct-Materials Inventory for $148,000 C) credit to Direct-Materials Inventory for $148,000 D) credit to WIP Inventory for $82,000

Sandy Company uses a job-order-cost system and had the following data available: \[\begin{array} { l r } \text { Beginning direct-materials inventory } & \$ 26,000 \\ \text { Beginning WIP inventory } & 64,000 \\ \text { Beginning finished-goods inventory } & 58,000 \\ \text { Direct materials purchased on account } & 148,000 \\ \text { Direct materials requisitioned } & 82,000 \\ \text { Direct-labor cost incurred } & 130,000 \\ \text { Factory overhead incurred } & 146,000 \\ \text { Cost of goods completed } & 292,000 \\ \text { Cost of goods sold } & 260,000 \\ \text { Overhead applicati on rate } & 125 \% \\ \quad \text { as a percent of direct-labor cost) } & \end{array}\] The journal entry to record the sale of all jobs would include a _____.

A) debit to Finished-Goods Inventory for $292,000 B) credit to WIP Inventory for $260,000 C) credit to Finished-Goods Inventory for $260,000 D) credit to Cost of Goods Sold for $292,000 A) debit to Finished-Goods Inventory for $292,000 B) credit to WIP Inventory for $260,000 C) credit to Finished-Goods Inventory for $260,000 D) credit to Cost of Goods Sold for $292,000