Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. worthy company had no beginning work in process or

Worthy Company had no beginning work in process or finished goods inventory. Direct materials used,...

70.2K

Verified Solution

Question

Accounting

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.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

If an individual is required to make quarterly instalment payments on their income taxes, list 3...

Physics
1.2K views

Carnot Engine questions: What was the full name of the man who imagine the first Carnot...

Biology
1.2K views

Where would you find the base pairs encoding the translation sto a A collagen gene...

Physics
1.2K views

13 The relation between internal energy U pressure P and volume V of a gas...

Physics
1.2K views

For a particle in uniform circular motion with speed v in anticlockwise direction as observed...

Basic Math
1.2K views

c Using the model in part a predict the population in 2029 Round your answer...

Basic Math
1.2K views

If the claim of researchers is that the mean score is more than 92, what...

Calculus
1.2K views

www0 a solution with a saltA very large tank initially contains 100L of pure water....

Algebra
1.2K views

Suppose your current electricity meter reading for this month is 30 589 kWh and the...

Accounting
1.2K views

On January 1, 2016, Crouser Company sold land to Chad Company, accepting a 2-year, $150,000,...

Accounting
1.2K views

Please draw a ladder diagram and a PLC program, for a 2 way road that...

Accounting
1.2K views

Practice Problems for Calculating Markup and Breakeven Points Markup Practice Problems: \table[[,Problem#1,Problem#2],[Total Fixed Costs...