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Cost of Goods Manufactured During 2011 Is $240, Work in Process

Question 10

Multiple Choice

Cost of goods manufactured during 2011 is $240, work in process inventory on December 31, 2011, is $50. Work in process inventory during 2011 decreased by 60%. Total manufacturing costs incurred during 2011 amount to:


A) $190
B) $165
C) $290
D) $315

Correct Answer:

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