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23 June, 23:02

If beginning and ending goods in process inventories are $5,000and $15,000, respectively, and cost of goods manufactured is$170,000, what is the total manufacturing cost for the period?

A. $180,000.

B. $155,000.

C. $160,000.

D. $175,000.

E. $165,000.

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Answers (1)
  1. 23 June, 23:49
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    A. $180,000.

    Explanation:

    The computation of the total manufacturing cost is shown below:

    As we know that

    Ending work in process inventory = Beginning work in process inventory + total manufacturing cost - cost of finished goods manufactured

    $15,000 = $5,000 + total manufacturing cost - $170,000

    So, the total manufacturing cost is

    = $165,000 + $15,000

    = $180,000
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