Quiz 41: Ending Work in Process Quiz

Test your knowledge of double entry bookkeeping with our ending work in process quiz.

Work in process is the cost of partially finished goods a manufacturing business has at the end of an accounting period. This quiz tests if you know how to use the ending work in process formula. If you need a refresher course on this topic take a look at our ending work in process tutorial.

Start the Ending Work in Process Quiz

Click on an answer to reveal whether its Right! or Wrong

1. Calculate the ending work in process based on the following information:

  • Beginning raw material inventory 20,000
  • Material purchases 50,000
  • Ending raw material inventory 30,000
  • Beginning WIP inventory 25,000
  • Direct labor 10,000
  • Applied overhead 5,000
  • Cost of goods manufactured 45,000
Wrong
Right!
Wrong
2. Calculate the ending work in process based on the following information:

  • Beginning raw material inventory 22,000
  • Material purchases 49,000
  • Applied overhead 6,000
  • Cost of goods manufactured 47,500
  • Ending raw material inventory 32,500
  • Beginning WIP inventory 28,000
  • Direct labor 11,500
Right!
Wrong
Wrong

 

 

3. Calculate the ending work in process based on the following information:

  • Beginning raw material inventory 24,000
  • Beginning WIP inventory 31,000
  • Direct labor 13,000
  • Applied overhead 7,000
  • Cost of goods manufactured 50,000
  • Material purchases 48,000
  • Ending raw material inventory 35,000
Wrong
Right!
Wrong
4. Calculate the ending work in process based on the following information:

  • Beginning raw material inventory 26,000
  • Material purchases 47,000
  • Ending raw material inventory 37,500
  • Applied overhead 8,000
  • Cost of goods manufactured 52,500
  • Beginning WIP inventory 34,000
  • Direct labor 14,500
Wrong
Wrong
Right!
5. Calculate the ending work in process based on the following information:

  • Beginning raw material inventory 28,000
  • Material purchases 46,000
  • Ending raw material inventory 40,000
  • Beginning WIP inventory 37,000
  • Cost of conversion 25,000
  • Cost of goods manufactured 55,000
Wrong
Wrong
Right!
6. Calculate the ending work in process based on the following information:

  • Beginning WIP inventory 40,000
  • Cost of goods manufactured 57,500
  • Manufacturing costs 60,000
Right!
Wrong
Wrong
7. Calculate the ending work in process based on the following information:

  • Manufacturing costs 61,000
  • Beginning WIP inventory 43,000
  • Cost of goods manufactured 60,000
Wrong
Right!
Wrong
8. Calculate the ending work in process based on the following information:

  • Beginning raw material inventory 34,000
  • Material purchases 43,000
  • Ending raw material inventory 47,500
  • Beginning WIP inventory 46,000
  • Direct labor 20,500
  • Applied overhead 12,000
  • Cost of goods manufactured 62,500
Right!
Wrong
Wrong
9. Calculate the ending work in process based on the following information:

  • Material purchases 42,000
  • Beginning WIP inventory 49,000
  • Direct labor 22,000
  • Applied overhead 13,000
  • Ending raw material inventory 50,000
  • Cost of goods manufactured 65,000
  • Beginning raw material inventory 36,000
Right!
Wrong
Wrong
10. Calculate the ending work in process based on the following information:

  • Direct labor 23,500
  • Applied overhead 14,000
  • Cost of goods manufactured 67,500
  • Beginning WIP inventory 52,000
  • Beginning raw material inventory 38,000
  • Material purchases 41,000
  • Ending raw material inventory 52,500
Wrong
Wrong
Right!

Try Another Double Entry Bookkeeping Quiz

The ending work in process quiz is one of many of our online quizzes which can be used to test your knowledge of double entry bookkeeping, discover another at the links below.

Last modified September 26th, 2019 by Michael Brown

About the Author

Chartered accountant Michael Brown is the founder and CEO of Double Entry Bookkeeping. He has worked as an accountant and consultant for more than 25 years and has built financial models for all types of industries. He has been the CFO or controller of both small and medium sized companies and has run small businesses of his own. He has been a manager and an auditor with Deloitte, a big 4 accountancy firm, and holds a degree from Loughborough University.

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