Some club members want to increase membership dues by $7.00.Other club members want to increase them by $3.00.They have reached
1 answer:
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Answer:
Total manufacturing cost will be $291500
Explanation:
We have given work in progress inventory on December 31 of current year is $44000
It is given that work in progress inventory is increased by 60% during the year
So in beginning work in progress inventory $
We have given cost of goods manufactured = $275000
Cost of goods manufactured = work in progress inventory + total manufacturing costs incurred - Ending work in progress inventory
So 275000 = 27500 + total manufacturing costs incurred - 44000
Total manufacturing costs incurred = 275000 - 27500 +44000 = $291500