The total manufacturing costs charged to the Work in Process Inventory account during 2011 amounted to:

Question

Quizplus · Accepted Answer

The Work in Process Inventory account increased from $140,000 to $160,000 during the year, indicating that $20,000 worth of products were completed during the year. The Cost of Goods Manufactured during the year was $820,000 ($800,000 beginning inventory of WIP + $850,000 total manufacturing costs - $830,000 ending inventory of WIP).

The Total Manufacturing Costs Charged to the Work in Process