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OpenStudy (anonymous):

Walter Company uses a job-order costing system to account for product costs. The following information pertains to the current year. Materials place into production 140000 Indirect labor 40000 Direct labor(10000hours) 160000 Depreciation of factory building 60000 other plantwide overhead 100000 increase in work-in-process inventory 30000 *Plantwide overhead rate is $18 per direct labor hour Question: What is the total amount debited to Finished Goods Inventory in the current year? a.$490000 b.$510000 c.$450000 d.$550000

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