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22 October, 09:35

Marigold Corp. has beginning work in process inventory of $164000 and total manufacturing costs of $286000. If cost of goods manufactured is $260000, what is the cost of the ending work in process inventory

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  1. 22 October, 12:37
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    X = $190000

    Explanation:

    given dа ta:

    cost of manufactured goods = $260000

    total manufacturing cost = $286000

    process inventory in beginning = $164000

    ending inventory process {X} is calculated as

    cost of manufactured goods = - X + total manufacturing cost + process inventory in beginning

    Putting all value to get required ending process inventory

    $260000 = - X + $286000+$164000

    X = $190000
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