The following information has been provided by New Age Inc.: Calculate the beginning balance of the Work-in-Process Inventory account.
A)$5,000
B)$10,500
C)$6,500
D)$16,500

Question

The following information has been provided by New Age Inc.:  Calculate the beginning balance of the Work-in-Process Inventory account.
A)$5,000 
B)$10,500 
C)$6,500 
D)$16,500

Quizplus · Accepted Answer

The given information is likely a product code or serial number and does not provide any information on the beginning balance of the Work-in-Process Inventory account. Without additional information, it is impossible to determine the correct answer.

The Following Information Has Been Provided by New Age Inc