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    Work in Process Inventory on December 31 Is $42,000
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Work in Process Inventory on December 31 Is $42,000

Question 128

Question 128

Multiple Choice

Work in process inventory on December 31 is $42,000. Work in process inventory decreased by 40% during the year. Total manufacturing costs incurred amount to $260,000. The cost of goods manufactured is


A) $232,000
B) $302,000
C) $288,000
D) $190,000

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