Refer to ComPrint Co. What was the amount of Cost of Goods Manufactured for the year?
A) $100,000
B) $101,000
C) $102,000
D) $124,000

Name: Refer to ComPrint Co. What was the amount of Cost of Goods Manufactured for the year? A) $100,000 B) $101,000 C) $102,000 D) $124,000
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Question

Quizplus · Accepted Answer

The Cost of Goods Manufactured is calculated as the total manufacturing costs plus beginning work in process inventory minus ending work in process inventory. The given options suggest that $102,000 is the correct amount.