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Viefleur [7K]
3 years ago
11

Work in process inventory increased by $20,000 during the current year. Cost of goods manufactured was $180,000. Total manufactu

ring costs incurred are
Business
1 answer:
Nuetrik [128]3 years ago
8 0

Answer:

$200,000

Explanation:

The work in process process inventory had an increase by $20,000 during the year

The cost of goods that were manufactured is $180,000

Therefore the total manufacturing costs incurred can be calculated as follows

= cost of goods sold that was sold + work in process inventory increase

= $180,000 + $20,000

= $200,000

Hence the total manufacturing costs that was incurred is $200,000

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