Selected accounts with a credit amount omitted are as follows Work in Process 6,400 Apr. 30 53,900 191,200 57,360 Apr. 1 30 30 30 Balance Direct materials Direct labor Factory overhead Apr. 1 30 Finished Goods Balance 15,800 Goods finished 301,800 What was the balance of Work in Process as of April 30? a. $7,060 b. $301,800 Oc. $15,800 d. $57,360 Goods finished X

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Inventory Accounting

Inventory accounting is that branch of accounting that helps in determining the specific value of assets at different stages of production and development.