Multiple Choice
During the month of May,Blackburn Inc.had cost of goods manufactured of $120,000,direct materials cost of $60,000,direct labour cost of $37,000,and overhead cost of $26,000.The work-in-process balance at May 31 equalled $10,000.What was the work-in-process balance on May 1?
A) $7,000
B) $10,000
C) $13,000
D) $115,000
Correct Answer:
Verified
Correct Answer:
Verified
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