During the Month of May, Cassidy Manufacturers Incurred £30,000, £40,000

Multiple Choice

During the month of May, Cassidy Manufacturers incurred £30,000, £40,000 and £20,000 of direct material, direct labour and manufacturing overhead costs respectively. If the cost of goods manufactured was £95,000 and the ending work in process inventory was £15,000, the beginning inventory of work in process must have been

A) £ 10,000.
B) £ 20,000.
C) £110,000.
D) £ 5,000.