Question: Worthy Company had no beginning work in process or finished goods inventory. Direct materials used, direct labor incurred and manufacturing overhead applied totaled $437,000. If
Worthy Company had no beginning work in process or finished goods inventory. Direct materials used, direct labor incurred and manufacturing overhead applied totaled $437,000. If cost of goods manufactured was $332,000 and cost of goods sold was $250,000, the amount of ending work in process would have been: A-$105,000.
B-$82,000.
C-$127,000.
D-$95,000.
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