value 064 points The following information is available for
value: 064 points The following information is available for Walker Industries: Beginning work in process inventory Ending work in process inventory Cost of goods manufactured $ 73,000 84,000 317,000 Compute total current manufacturing costs. Total Current Manufacturing Costs References eBook & Resources Learning Obje manufactured Worksheet Difficulty: 1 Easy Check my work
Solution
Cost of Goods Manufactured = Total Current Manufacturing Costs + Beginning Inventory - Ending Inventory
Total Current Manufacturing Costs = Cost of Goods Manufactured - Beginning Inventory + Ending Inventory
= $ 317,000 - $ 73,000 + $ 84,000
= $ 328,000
Hence the correct answer is $ 328,000
