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Cost of Goods Manufactured During the Year Is $240,000, and Work

Question 196

Multiple Choice

Cost of goods manufactured during the year is $240,000, and work in process inventory on December 31 is $50,000. Work in process inventory during the year decreased by 60%. Total manufacturing costs incurred are


A) $190,000
B) $165,000
C) $290,000
D) $315,000

Correct Answer:

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