Multiple Choice
Singh Company manufacturers wheelchairs.Each wheelchair requires $325 of raw materials and $780 of conversion costs.Each wheelchair is sold for $1,500.Last month Singh started 38 wheelchairs and completed 35 wheelchairs.The beginning balance in work in process inventory is zero.The ending balance in work in process inventory is:
A) $2,340.
B) $1,105.
C) $925.
D) $1,315.
E) $975.
Correct Answer:
Verified
Correct Answer:
Verified
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