If the Cost of the Beginning Work in Process Inventory

question 41

Multiple Choice

If the cost of the beginning work in process inventory is $60,000, direct materials cost is $350,000, direct labor cost is $216,000, and overhead cost is $319,000, and the ending work in process inventory is $55,000, calculate the cost of goods manufactured:

• A) $571,000.
• B) $1,000,000.
• C) $885,000.
• D) $890,000.
• E) $945,000.

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Definitions:

Constriction

The process of becoming narrower or tightening; in psychology, it can refer to a narrowing of thoughts or behaviors.

Replication

The process of repeating a research study or experiment to confirm its results.

Tay-Sachs Disease

A disorder that produces blindness and muscle degeneration prior to death; there is no treatment.