Megan Company uses job-order costing.At the end of the month, the following data was gathered:
Megan's selling price is cost plus 40% for each of its products.

What is the total in the work-in-process (WIP) account?
A) $1,700
B) $2,500
C) $1,895
D) $1,840
E) $1,170

Question

Megan Company uses job-order costing.At the end of the month, the following data was gathered: ​
 Megan's selling price is cost plus 40% for each of its products.
​
What is the total in the work-in-process (WIP) account?
A) $1,700 
B) $2,500 
C) $1,895 
D) $1,840 
E) $1,170

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Megan Company Uses Job-Order Costing