Multiple Choice
During the month of June, Carney & Whitley Inc.had cost of goods manufactured of $123,200, direct materials cost of $57,200, direct labor cost of $40,700, and manufacturing overhead cost of $28,600.The work in process balance on June 30 was equal to $11,000.What was the work in process balance on June 1?
A) $7,700
B) $13,000
C) $10,000
D) $115,000
Correct Answer:
Verified
Correct Answer:
Verified
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