Marigold Corp. developed the following data for the current year: Beginning work in process inventory $310000 Direct materials used 204000 Actual overhead 348000 Overhead applied 276000 Cost of goods manufactured 324000 Total manufacturing costs 910000 Marigold Corp.'s ending work in process inventory is $896000. $276000. $600000. $586000.

Principles of Accounting Volume 2
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Chapter5: Process Costing
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Problem 5EA: A company has 1,500 units in ending work in process that are 30% complete after transferring out...
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Marigold Corp. developed the following data for the current year:

Beginning work in process inventory $310000
Direct materials used 204000
Actual overhead 348000
Overhead applied 276000
Cost of goods manufactured 324000
Total manufacturing costs 910000


Marigold Corp.'s ending work in process inventory is

$896000.
$276000.
$600000.
$586000.
Expert Solution
Step 1

 Total manufacturing cost + Beginning WIP - Ending WIP = Cost of Goods manufactured

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