Cullumber Company has beginning work in process inventory of $154000 and total manufacturing costs of $886000. If cost of goods manufactured is $860000, what is the cost of the ending work in process inventory? ○ $180000. ○ $160000. ○ $128000. ○ $200000.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Cullumber Company has beginning work in process inventory of $154000 and total manufacturing costs of $886000. If cost of goods manufactured is $860000, what is the cost of the ending work in process inventory?

○ $180000.

○ $160000.

○ $128000.

○ $200000.

 

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