The total manufacturing cost for Golden Company for the year 2020 was P5,700,000. If the Beginning work-in-process inventory was P600,000. Ending work-in-process inventory was P500,000, how much is the cost of goods manufactured for the year 2020? 1. P5,600,000 2. P 5,700,000 3. P 5,800,000 4. P6,300,000 O 1 O 2 3. O 4

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter2: Job Order Costing
Section: Chapter Questions
Problem 6BE: Cost of goods sold Pine Creek Company completed 200,000 units during the year at a cost of...
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The total manufacturing cost for Golden Company for the year 2020 was
P5,700,000. If the Beginning work-in-process inventory was P600,000. Ending
work-in-process inventory was P500,000, how much is the cost of goods
manufactured for the
year
2020?
1. P5,600,000
2. P 5,700,000
3. P 5,800,000
4. P6,300,000
O 1
O 2
O 4
Transcribed Image Text:The total manufacturing cost for Golden Company for the year 2020 was P5,700,000. If the Beginning work-in-process inventory was P600,000. Ending work-in-process inventory was P500,000, how much is the cost of goods manufactured for the year 2020? 1. P5,600,000 2. P 5,700,000 3. P 5,800,000 4. P6,300,000 O 1 O 2 O 4
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