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Wood Company Has Beginning Work in Process Inventory of $108,000

Question 102

Multiple Choice

Wood Company has beginning work in process inventory of $108,000 and total manufacturing costs of $477,000. If cost of goods manufactured is $480,000, what is the cost of the ending work in process inventory?


A) $90,000.
B) $111,000.
C) $120,000.
D) $105,000.

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