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:

Scolex

The head or anterior end of a tapeworm, equipped with hooks and/or suckers for attaching to the intestinal wall of the host.

Tapeworm

A parasitic flatworm that lives in the digestive tracts of vertebrates, absorbing nutrients from the host's diet.

Pseudocoelom

Fluid-filled cavity between the gut and body wall; partially lined by tissue derived from mesoderm.

Tubular Digestive System

A type of digestive system in which the digestive tract forms a continuous tube from mouth to anus, allowing for sequential processing of food.