Molina Company has beginning and ending work in process inventories of $130000 and $145000 respectively. If total manufacturing costs are $680000 what is the total cost of goods manufactured?
A) $810000.
B) $825000.
C) $665000.
D) $695000.

Question

Quizplus · Accepted Answer

The total cost of goods manufactured is calculated as: Beginning Work in Process Inventory + Total Manufacturing Costs - Ending Work in Process Inventory = $130,000 + $680,000 - $145,000 = $665,000.

Molina Company Has Beginning and Ending Work in Process Inventories