Work in Process Inventory on December 31 Is $42,000

question 128

Multiple Choice

Work in process inventory on December 31 is $42,000. Work in process inventory decreased by 40% during the year. Total manufacturing costs incurred amount to $260,000. The cost of goods manufactured is

• A)$232,000
• B)$302,000
• C)$288,000
• D)$190,000

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