If the cost of the beginning work in process inventory is $60,000, costs of goods manufactured is $890,000, direct materials cost is $330,000, direct labor cost is $210,000, and overhead cost is $315,000, calculate the ending work in process inventory:
A) $35,000.
B) $25,000.
C) $45,000.
D) $350,000.
E) $355,000.
B) $25,000.
Explanation: Ending Work in Process Inventory = Beginning Work in Process Inventory +Direct Materials Costs + Direct Labor Costs + Overhead Costs - Cost of Goods Manufactured Ending Work in Process Inventory = $60,000 + $330,000 + $210,000 + $315,000 - $890,000 =$25,000
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