Selected accounts with a credit amount omitted are as follows Work in Process Apr. 1 Balance 6,600 Apr. 30 Goods finished X 30 Direct materials 51,600 30 Direct labor 190,900 30 Factory overhead 57,270 Finished Goods Apr. 1 Balance 16,000 30 Goods finished 302,900 What was the balance of Work in Process as of April 30?

The balance of Work in Process as of April 30 is $3,470.

Explanation:

Work in Process

Apr. 1 Balance 6,600

Apr 30 Direct materials 51,600

Apr 30 Direct labor 190,900

Apr 30 Factory overhead 57,270

Apr. 30 Goods finished = Opening Balance + Direct Material + Direct labor + Factory overheads - Goods Finished during the April

Apr. 30 Goods finished = 6,600 + 51,600 + 190,900 + 57,270 -302,900 = 3,470

Finished Goods

Apr. 1 Balance 16,000

Apr 30 Goods finished 302,900

consumer credit. an advantage is that it allows consumers to afford expensive goods and services now, increasing their standard of living. however, a disadvantage is that it creates a trap for debt, if people do not have self control, they may see themselves filing personal bankruptcy.