Fairview Manufacturing has a beginning work-in-process inventory of $182,000 and total manufacturing costs of $915,000. If the cost of goods manufactured is $880,000, what is the cost of the ending work-in-process inventory? A. $217,000 B. $134,000 C. $217,000 D. $165,000
Fairview Manufacturing has a beginning work-in-process inventory of $182,000 and total manufacturing costs of $915,000. If the cost of goods manufactured is $880,000, what is the cost of the ending work-in-process inventory? A. $217,000 B. $134,000 C. $217,000 D. $165,000
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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What is the cost of the ending work in process inventory?

Transcribed Image Text:Fairview Manufacturing has a beginning work-in-process inventory of $182,000 and
total manufacturing costs of $915,000. If the cost of goods manufactured is
$880,000, what is the cost of the ending work-in-process inventory?
A. $217,000
B. $134,000
C. $217,000
D. $165,000
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