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If beginning and ending work in process inventories are $5,000 and $15,000, respectively, and cost of goods manufactured is $170,000, what is the total manufacturing cost for the period?

Respuesta :

Answer:

$180,000

Explanation:

Cost of Goods Manufactured = Total Manufacturing Costs + Beginning Work in Process Inventory - Ending Work in Process Inventory                                                                                                                        

$170,000 = [Total Manufacturing Costs + $5,000 - $15,000]

$170,000 = [Total Manufacturing Costs - $10,000]

[$170,000 + $10,000] = Total Manufacturing Costs

Total Manufacturing Costs =$180,000