A Company's Beginning Work-In-Process Inventory Is $120,000, Its Ending Work-In-Process

question 168

Multiple Choice

A company's beginning work-in-process inventory is $120,000, its ending work-in-process inventory is $160,000, its cost of goods manufactured is $400,000, and its direct materials used are $100,000. What are the conversion costs?

• A) $140,000
• B) $280,000
• C) $300,000
• D) $340,000

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