Question: 4. Determine the dollar amount that would be transferred from work in process inventory to finished goods inventory and ultimately to cost of goods sold

 4. Determine the dollar amount that would be transferred from work

4. Determine the dollar amount that would be transferred from work in process inventory to finished goods inventory and ultimately to cost of goods sold in 2017. $965,000+$ 1,035,000+$931,500-$20,000= $2,911,500 5. Determine the dollar amount that would remain in work in process inventory at the end of 2017. $20,000+1,035,000+$931,500=$123,500

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