Multiple Choice
Charles Company's balance sheet reports Raw Materials Inventory, $570,000; Finished Goods Inventory, $695,000; and total inventories at $1,901,000. What is the value of Work-in-Process Inventory?
A) $1,776,000
B) $1,331,000
C) $636,000
D) $1,206,000
Correct Answer:

Verified
Correct Answer:
Verified
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