Lakeside company's schedule of cost of good manufactured include the following for april: cost of goods manufactured $69,300direct materials used $27,000direct labor used $30,000work in process inventory, april 1, 2005 $9,000manufacturing overhead is applied for $8,000. work in process inventory at april 30:

Work in process inventory at April 30 is $4,700

Explanation:

In this question, we apply the cost of goods manufactured formula which is shown below:

Cost of goods manufactured = Opening balance of work in progress  + total manufacturing cost - ending balance of work in progress

where,

Total manufacturing cost =  Direct material + direct labor + overhead

                                          = $27,000 + $30,000 + $8,000

                                           = $65,000

So, the ending balance work in progress equal to

=  $9,000 + $65,000 - $69,300

=  $4,700

answer: heh

explanation:

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o