Question

Work in process inventory increased by $20,000 during the current year. Cost of goods manufactured was $180,000. Total manufacturing costs incurred are a.$189,000 b.$198,000 c.$200,000 d.$160,000

Answer 1

Answer:

The answer is $200,000

Explanation:

Total manufacturing costs incurred =

Increase in Work in process inventory +

Cost of goods manufactured

Where Increment in Work in process inventory equala $20,000

Cost of goods manufactured equals $180,000

$20,000 + $180,000 = $200,000

Total manufacturing costs incurred are therefore equals $200,000