At the Beginning of the Year,Conway Manufacturing Had the Following $\begin{array}{cc}\text {Work-in-Process Inventory }\\\hline\begin{array}{ll|l}&2,000& \\\end{array}\end{array}$

question 99

Multiple Choice

At the beginning of the year,Conway Manufacturing had the following account balances: $\begin{array}{cc}\text {Work-in-Process Inventory }\\\hline\begin{array}{ll|l}&2,000& \\\end{array}\end{array}$
$\begin{array}{cc}\text { Finished Goods inventory}\\\hline\begin{array}{ll|l}&8,000& \\\end{array}\end{array}$
$\begin{array}{cc}\text {Manufacturing Overhead }\\\hline\begin{array}{ll|l}&0& \\\end{array}\end{array}$
$\begin{array}{cc}\text {Cost of Goods Sold }\\\hline\begin{array}{ll|l}&0& \\\end{array}\end{array}$
$\begin{array}{cc}\text {Sales Revenue }\\\hline\begin{array}{ll|l}&0& \\\end{array}\end{array}$ The following additional details are provided for the year:
$\begin{array}{|l|l|}\hline\text { Direct materials placed in production } & \$ 82,000 \\\hline \text { Direct labor incurred } & 191,400 \\\hline \text { Manufacturing overhead incurred } & 302,000 \\\hline \text { Manufacturing overhead allocated to } & \\ \text { production } & 295,700 \\\hline \text { Cost of jobs completed and transferred } & 500,900\\\hline\end{array}$ The ending balance in the Work-in-Process Inventory account is a ________.

• A)credit of $70,200
• B)debit of $2000
• C)credit of $2000
• D)debit of $70,200

---

Definitions:

Calligraphic

Relating to the art of beautiful handwriting.

Haptics

Haptics is the study and application of touch and tactile sensations in technology to simulate real-world experiences or provide feedback in devices.

Restraint

The act of controlling, limiting, or holding back actions or responses, often to maintain discipline or adhere to rules.

Document Design

The process of creating a document layout that effectively communicates its content to the reader.