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From the following data, determine the total Cost of Goods Manufactured (COGM): Costs of units in beginning Work-in-Progress (WIP) Inventory        $78500.00 Costs added to units in beginning WIP Inventory this period           19500.00 Costs of units started and completed                                               153000.00 Cost of units started and incomplete                                                 57500.00                            Cost of units in ending WIP inventory                                               57500.00 A. $269500.00  B. $251000.00  C. $268000.00 D. $308500.00

From the following data, determine the total Cost of Goods Manufactured (COGM): Costs of units in beginning Work-in-Progress (WIP) Inventory        $78500.00 Costs added to units in beginning WIP Inventory this period           19500.00 Costs of units started and completed                                               153000.00 Cost of units started and incomplete                                                 57500.00                            Cost of units in ending WIP inventory                                               57500.00 A. $269500.00  B. $251000.00  C. $268000.00 D. $308500.00

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter5: Process Costing
Section: Chapter Questions
Problem 1EB: Given the following information, determine the equivalent units of ending work in process for...
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From the following data, determine the total Cost of Goods Manufactured (COGM):

Costs of units in beginning Work-in-Progress (WIP) Inventory        $78500.00
Costs added to units in beginning WIP Inventory this period           19500.00
Costs of units started and completed                                               153000.00
Cost of units started and incomplete                                                 57500.00                           
Cost of units in ending WIP inventory                                               57500.00

A. $269500.00 
B. $251000.00 
C. $268000.00
D. $308500.00

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