Question

Grooming Labor Standard Hours Standard Rate Actual Hours Actual Rate 150 $12 180 $11.50 Grooming Materials...

Grooming Labor Standard Hours Standard Rate Actual Hours Actual Rate
150 $12 180 $11.50
Grooming Materials Standard Quantity Standard Price Actual Quantity Actual Price
1000 $2 1200 $3

INSTRUCTIONS:

The following are the actual numbers for January:

   Materials
Purchased $5,000 of Materials
Consumed 40% of those purchased materials
   Direct Labor
Direct Labor was $6,240
   Overhead
   Overhead was $2,800

This is how far I have gotten so far. I am stuck at the Ending Work in Process Inventory and forgot how to find it. What is the next step I need to do.

Company
Statement of Cost of Services
For the Month Ended January 31, xxxx
Beginning Work in Process Inventory 0
Direct Materials:
   Materials - Beginning 0
   Add: Purchases for the month of January $5,000
   Materials Available for Use 5,000
   Deduct: Ending Materials 3,000
   Materials Used $2,000
Direct Labor 6,240
Overhead 2,800
Total Service Costs $11,040
Deduct: Ending Work in Process Inventory
Cost of Services
Business   Accounting   
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