The following information has been provided by Squash Corporation
Direct Labor $6,000
Direct Materials Used 3,000
Raw Materials Purchased 9,000
Cost of Goods Manufactured 13,000
Ending Work-in-Process Inventory 1,400
Corporate Headquarters' Property taxes 900
Manufacturing Overhead Incurred 400
The beginning balance of Work-in-Process Inventory account was ________.
A) $4,500
B) $5,000
C) $21,000
D) $9,400
B .B)
Cost of Goods Manufactured $13,000
Direct Labor (6,000 )
Direct Materials Used (3,000 )
Manufacturing Overhead (400 )
Ending Work-in-Process Inventory 1,400
Beginning Work-in-Process Inventory $5,000
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