Barton Company Has Beginning Work in Process Inventory of $144,000

question 49

Multiple Choice

Barton Company has beginning work in process inventory of $144,000 and total manufacturing costs of $636,000. If cost of goods manufactured is $640,000, what is the cost of the ending work in process inventory?

• A) $120,000.
• B) $148,000.
• C) $160,000.
• D) $140,000.

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Definitions:

Modern Management

Contemporary approaches and practices in managing and leading organizations, emphasizing innovation, flexibility, and embracing change.

Organizations

Entities comprising multiple people working together towards a common goal, structured to facilitate coordination and effort.

Systems

A set of interconnected components working together towards a common goal, often referring to complex entities in technology, nature, or organizations.

Evidence-Based Management

The conscientious use of current best evidence in managerial decision making.