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The Following Information Has Been Provided by Squash Corporation The Beginning Balance of Work-In-Process Inventory Account Was:
A) $2,400

question 125

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The following information has been provided by Squash Corporation:  Direct Labor $6,500 Direct Materials Used 2,550 Raw Materials Purchased 5,000 Cost of Goods Manufactured 10,500 Ending Work-in-Process Inventory 1,200 Corporate Headquarters’ Property taxes 350 Manufacturing Overhead 510\begin{array} { | l | r | } \hline \text { Direct Labor } & \$ 6,500 \\\hline \text { Direct Materials Used } & 2,550 \\\hline \text { Raw Materials Purchased } & 5,000 \\\hline \text { Cost of Goods Manufactured } & 10,500 \\\hline \text { Ending Work-in-Process Inventory } & 1,200 \\\hline \text { Corporate Headquarters' Property taxes } & 350 \\\hline \text { Manufacturing Overhead } & 510 \\\hline\end{array} The beginning balance of Work-in-Process Inventory account was:


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