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If the Cost of the Beginning Work in Process Inventory

Question 41

Multiple Choice

If the cost of the beginning work in process inventory is $60,000, direct materials cost is $350,000, direct labor cost is $216,000, and overhead cost is $319,000, and the ending work in process inventory is $55,000, calculate the cost of goods manufactured:


A) $571,000.
B) $1,000,000.
C) $885,000.
D) $890,000.
E) $945,000.

Correct Answer:

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