Work in process inventory on December 31 is $42,000. Work in process inventory decreased by 40% during the year. Total manufacturing costs incurred amount to $260,000. The cost of goods manufactured is
A)$232,000
B)$302,000
C)$288,000
D)$190,000

Question

Quizplus · Accepted Answer

The Answer of Work in process inventory on December 31 is $42,000. Work in process inventory decreased by 40% during the year. Total manufacturing costs incurred amount to $260,000. The cost of goods manufactured is
A)$232,000
B)$302,000
C)$288,000
D)$190,000

Work in Process Inventory on December 31 Is $42,000