Asked by

cynthia gitumbi
on Oct 15, 2024

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If beginning and ending work in process inventories are $5,000 and $15,000,respectively,and cost of goods manufactured is $170,000,what is the total manufacturing cost for the period?

A) $180,000.
B) $155,000.
C) $160,000.
D) $175,000.
E) $165,000.

Work in Process Inventories

Inventories that consist of items currently under production but not yet completed or ready for sale.

Total Manufacturing Cost

The sum of all costs directly related to the production of goods, including materials, labor, and overhead expenses.

Cost of Goods Manufactured

The total cost of manufacturing goods during a specific period including materials, labor, and overhead.

  • Analyze the impact of changes in work in process inventory on total manufacturing costs.
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JH
Jenna HalsteadOct 19, 2024
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