The Following Information Has Been Provided by Crosby Corporation The Beginning Balance of Work-In-Process Inventory Account Was ________

question 105

Multiple Choice

The following information has been provided by Crosby Corporation: $$\begin{array} { | l | r | } \hline \text { Direct Labor } & \$ 6000 \\\hline \text { Direct Materials Used } & 3000 \\\hline \text { Direct Materials Purchased } & 9000 \\\hline \text { Cost of Goods Manufactured } & 13,000 \\\hline \text { Ending Work-in-Process Inventory } & 1400 \\\hline \text { Corporate Headquarters' Property taxes } & 900 \\\hline \text { Manufacturing Overhead Incurred } & 400 \\\hline\end{array}$$ The beginning balance of Work-in-Process Inventory account was ________.

• A)$4500
• B)$5000
• C)$21,000
• D)$9400

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Definitions:

Biased Treatment

Differential and unjust treatment of individuals or groups based on prejudiced attitudes or judgments rather than objective merit.

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An individual who applies for or is considered for an employment position within an organization.

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A marketing strategy that promotes environmentally safe products and production methods.

Federal Trade Commission

A United States government agency established to protect consumers and maintain competition in the marketplace.