Singh Company manufacturers wheelchairs. Each wheelchair requires $325 of raw materials and $780 of conversion costs. Each wheelchair is sold for $1,500. Last month Singh started 38 wheelchairs and completed 35 wheelchairs. The beginning balance in work in process inventory is zero. The ending balance in work in process inventory is:
A. $925.
B. $2,340.
C. $1,315.
D. $1,105.
E. $975.
Answer: E
Business
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