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If the Cost of the Beginning Goods in Process Inventory

Question 140

Multiple Choice

If the cost of the beginning goods in process inventory is $10,000, costs of goods manufactured is $890,000, direct materials cost is $330,000, direct labor cost is $210,000, and overhead cost is $315,000, calculate the ending goods in process inventory:


A) $35,000.
B) $25,000.
C) $45,000.
D) $350,000.
E) $355,000.

Correct Answer:

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