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Mueller Company Reported the Following Data for the Year Just

Question 85

Multiple Choice

Mueller Company reported the following data for the year just ended:  Raw materials used in production $800,000 Direct labour $700,000 Total overhead costs $900,000 Ending work in process inventory $400,000 Cost of goods manufactured $2,500,000\begin{array}{lr}\text { Raw materials used in production } & \$ 800,000 \\\text { Direct labour } & \$ 700,000 \\\text { Total overhead costs } & \$ 900,000 \\\text { Ending work in process inventory } & \$ 400,000 \\\text { Cost of goods manufactured } & \$ 2,500,000\end{array} The beginning work in process inventory was:


A) $500,000.
B) $1,300,000.
C) $100,000.
D) $300,000.

Correct Answer:

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