Carolina Plating Company reported a cost of goods manufactured of $520,000, with the firm's yearend

balance sheet revealing work in process and finished goods of $70,000 and $134,000, respectively.

If supplemental information disclosed raw materials used in production of $80,000, direct labor of

$140,000, and manufacturing overhead of $240,000, the company's beginning work in process must have

been:

A. $130,000.

B. $10,000.

C. $66,000.

D. $390,000.

E. some other amount.

The correct anwer is A.

Explanation:

Giving the following information:

Cost of goods manufactured= $520,000

Ending work in process= $70,000

Raw materials used in the production of $80,000

Direct labor= $140,000

Allocated manufacturing overhead of $240,000

To calculate the beginning work in process, we need to use the following formula:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

520,000= beginning WIP + 80,000 + 140,000 + 240,000 - 70,000

beginning WIP= 130,000

b. take periodic breaks and alternate between tasks.  

will increase work efficiency, and avoid health issues.