The manufacturing operations of Saltic Enterprises had the following balances for the month of March: $\begin{array}{lrr}&\text { March 1, } 2013&\text { March 31, } 2013\
\text { Raw Materials } & \$ 11,000 & \$ 14,000 \
\text { Work in Process } & 8,000 & 10,000 \
\text { Finished Goods } & 25,000 & 28,000
\end{array}$ If Saltic reports cost of goods sold totaling $249,000 in March, how much did it transfer out of Work in Process as completed goods?

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The Answer of The manufacturing operations of Saltic Enterprises had the following balances for the month of March: $\begin{array}{lrr}&\text { March 1, } 2013&\text { March 31, } 2013\
\text { Raw Materials } & \$ 11,000 & \$ 14,000 \
\text { Work in Process } & 8,000 & 10,000 \
\text { Finished Goods } & 25,000 & 28,000
\end{array}$ If Saltic reports cost of goods sold totaling $249,000 in March, how much did it transfer out of Work in Process as completed goods?

The Manufacturing Operations of Saltic Enterprises Had the Following Balances