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Introduction to Managerial Accounting Study Set 1
Quiz 3: Job-Order Costing: Cost Flows and External Reporting
The Ending Balance in the Work in Process Account Is
Question 177
Multiple Choice
The ending balance in the Work in Process account is closest to: A)$110,000 B)$120,000 C)$100,000 D)$90,000
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Related questions
Q 178
The total amount of manufacturing overhead actually incurred was: A)$200,000 B)$284,000 C)$219,000 D)$242,000
Q 179
The manufacturing overhead was: A)$23,000 Overapplied B)$23,000 Underapplied C)$19,000 Overapplied D)$19,000 Underapplied
Q 180
The balance in the Finished Goods inventory account at the beginning of the year was: A)$28,000 B)$13,000 C)$17,500 D)$8,500
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