Molina Company has beginning and ending work in process inventories of $130,000 and $145,000 respectively.If total manufacturing costs are $650,000, what is the total cost of goods manufactured?
A)$780,000.
B)$795,000.
C)$635,000.
D)$665,000.

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 + $650,000 - $145,000 = $635,000.

Molina Company Has Beginning and Ending Work in Process Inventories