The cost of the ending work in process inventory? Bradshaw Corporation hasbeginning work in process inventoryof $200,000andtotalmanufacturing costs of $950,000. Ifthe cost of goods manufactured is$920,000, what is the cost of theending work in process inventory?

To calculate the ending work in process (WIP) inventory, use the formula: Ending WIP Inventory =…

Answered: Bradshaw Corporation has beginning work…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 12EA: What are the total costs to account for if a companys beginning inventory had $231,432 in materials,...

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Bradshaw Corporation has beginning work in process inventory of $200,000 and total manufacturing costs of $950,000. If the cost of goods manufactured is $920,000, what is the cost of the ending work in process inventory?