Question: could someone explain why the answer for this is 1,600? Thank you! 1. Meander Inc. incurred $1,500 in production costs for the week. Work in

could someone explain why the answer for this is 1,600? Thank

could someone explain why the answer for this is 1,600? Thank you! you! 1. Meander Inc. incurred $1,500 in production costs for the week.

1. Meander Inc. incurred $1,500 in production costs for the week. Work in process decreased by $100, and finished goods inventory increased by $500 during the week. What was the cost of goods manufactured (COGM) for the week? a. $1,100 b. $1,400 c. $1,500 d. $1,600

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