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At the Beginning of the Year, Conway Manufacturing Had the Following

Question 105

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At the beginning of the year, Conway Manufacturing had the following account balances: At the beginning of the year, Conway Manufacturing had the following account balances: The following additional details are provided for the year: \begin{array} { | l | r | } \hline \text { irect materials placed in production } & \$ 82,000 \\ \hline \text { Direct labor incurred } & 191,400 \\ \hline \text { Manufacturing overhead incurred } & 302,000 \\ \hline \begin{array} { l } \text { Manufacturing overhead allocated to } \\ \text { production } \end{array} & 295,700 \\ \hline \text { Cost of jobs completed and transferred } & 500,900 \\ \hline \end{array} The ending balance in the Work-in-Process Inventory account is a ________. A) credit of $70,200 B) debit of $2000 C) credit of $2000 D) debit of $70,200 At the beginning of the year, Conway Manufacturing had the following account balances: The following additional details are provided for the year: \begin{array} { | l | r | } \hline \text { irect materials placed in production } & \$ 82,000 \\ \hline \text { Direct labor incurred } & 191,400 \\ \hline \text { Manufacturing overhead incurred } & 302,000 \\ \hline \begin{array} { l } \text { Manufacturing overhead allocated to } \\ \text { production } \end{array} & 295,700 \\ \hline \text { Cost of jobs completed and transferred } & 500,900 \\ \hline \end{array} The ending balance in the Work-in-Process Inventory account is a ________. A) credit of $70,200 B) debit of $2000 C) credit of $2000 D) debit of $70,200 At the beginning of the year, Conway Manufacturing had the following account balances: The following additional details are provided for the year: \begin{array} { | l | r | } \hline \text { irect materials placed in production } & \$ 82,000 \\ \hline \text { Direct labor incurred } & 191,400 \\ \hline \text { Manufacturing overhead incurred } & 302,000 \\ \hline \begin{array} { l } \text { Manufacturing overhead allocated to } \\ \text { production } \end{array} & 295,700 \\ \hline \text { Cost of jobs completed and transferred } & 500,900 \\ \hline \end{array} The ending balance in the Work-in-Process Inventory account is a ________. A) credit of $70,200 B) debit of $2000 C) credit of $2000 D) debit of $70,200 At the beginning of the year, Conway Manufacturing had the following account balances: The following additional details are provided for the year: \begin{array} { | l | r | } \hline \text { irect materials placed in production } & \$ 82,000 \\ \hline \text { Direct labor incurred } & 191,400 \\ \hline \text { Manufacturing overhead incurred } & 302,000 \\ \hline \begin{array} { l } \text { Manufacturing overhead allocated to } \\ \text { production } \end{array} & 295,700 \\ \hline \text { Cost of jobs completed and transferred } & 500,900 \\ \hline \end{array} The ending balance in the Work-in-Process Inventory account is a ________. A) credit of $70,200 B) debit of $2000 C) credit of $2000 D) debit of $70,200 At the beginning of the year, Conway Manufacturing had the following account balances: The following additional details are provided for the year: \begin{array} { | l | r | } \hline \text { irect materials placed in production } & \$ 82,000 \\ \hline \text { Direct labor incurred } & 191,400 \\ \hline \text { Manufacturing overhead incurred } & 302,000 \\ \hline \begin{array} { l } \text { Manufacturing overhead allocated to } \\ \text { production } \end{array} & 295,700 \\ \hline \text { Cost of jobs completed and transferred } & 500,900 \\ \hline \end{array} The ending balance in the Work-in-Process Inventory account is a ________. A) credit of $70,200 B) debit of $2000 C) credit of $2000 D) debit of $70,200 The following additional details are provided for the year:
 irect materials placed in production $82,000 Direct labor incurred 191,400 Manufacturing overhead incurred 302,000 Manufacturing overhead allocated to  production 295,700 Cost of jobs completed and transferred 500,900\begin{array} { | l | r | } \hline \text { irect materials placed in production } & \$ 82,000 \\\hline \text { Direct labor incurred } & 191,400 \\\hline \text { Manufacturing overhead incurred } & 302,000 \\\hline \begin{array} { l } \text { Manufacturing overhead allocated to } \\\text { production }\end{array} & 295,700 \\\hline \text { Cost of jobs completed and transferred } & 500,900 \\\hline\end{array} The ending balance in the Work-in-Process Inventory account is a ________.


A) credit of $70,200
B) debit of $2000
C) credit of $2000
D) debit of $70,200

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