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The following is selected financial data from Turtle Bay Manufacturing for the most recent year.Endi

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The following is selected financial data from Turtle Bay Manufacturing for the most recent year.Endi

The following is selected financial data from Turtle Bay Manufacturing for the most recent year.

Ending raw materials inventory    $21,000
Ending work in process inventory    $44,200
Ending finished goods inventory    $53,200
Amount of underallocated manufacturing overhead    $5,100
Cost of goods sold for year    $85,000
Cost of raw materials purchased during year    $45,300
Cost of direct materials requisitioned during year    $43,800
Cost of indirect materials requisitioned during year    $7,200
Cost of goods completed during year    $120,000
Manufacturing overhead allocated    $60,000
Manufacturing overhead % of direct labor cost   120%

What is the beginning work in process inventory?
A) $60,400
B) $65,500
C) $32,200
D) $10,400

Textbook

Managerial Accounting

Edition: 4^th

Author: Braun

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bernie2981 Author

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8 years ago

Answers my question perfectly.

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Decano, Jeanelyn Mae D.

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Yadiggg

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5 years ago

thank you

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Lilian D.

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4 years ago

thank u

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Ahmed A.

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4 years ago

thank u

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Woobiniking

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4 years ago

Thank you

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bangwoollified

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2 years ago

thnks

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