From the following data, determine the total Cost of Goods Manufactured (COGM): Costs of units in beginning Work-in-Progress (WIP) Inventory $78500.00 Costs added to units in beginning WIP Inventory this period 19500.00 Costs of units started and completed 153000.00 Cost of units started and incomplete 57500.00 Cost of units in ending WIP inventory 57500.00 A. $269500.00 B. $251000.00 C. $268000.00 D. $308500.00
From the following data, determine the total Cost of Goods Manufactured (COGM): Costs of units in beginning Work-in-Progress (WIP) Inventory $78500.00 Costs added to units in beginning WIP Inventory this period 19500.00 Costs of units started and completed 153000.00 Cost of units started and incomplete 57500.00 Cost of units in ending WIP inventory 57500.00 A. $269500.00 B. $251000.00 C. $268000.00 D. $308500.00
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 12E: a. Based on the data in Exercise 17-11, determine the following: 1. Cost of beginning work in...
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From the following data, determine the total Cost of Goods
Costs of units in beginning Work-in-Progress (WIP) Inventory $78500.00
Costs added to units in beginning WIP Inventory this period 19500.00
Costs of units started and completed 153000.00
Cost of units started and incomplete 57500.00
Cost of units in ending WIP inventory 57500.00
A. $269500.00
B. $251000.00
C. $268000.00
D. $308500.00
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