Ost of goods manufactured during the year is $240,000, and work in process inventory on december 31 is $50,000. work in process inventory during the year decreased by 60%. total manufacturing costs incurred are a. $290,000 b. $190,000 c. $315,000 d. $165,000 d. $165,000

total manufacturing cost= $165,000

Explanation:

Giving the following information:

The cost of goods manufactured during the year is $240,000, and work in process inventory on December 31 is $50,000. Work in process inventory during the year decreased by 60%.

Beginning WIP inventory= 50,000/0.40= 125,000

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

240,000= 83,333 + total manufacturing cost - 50,000

total manufacturing cost= 240,000 - 125,000 + 50,000

total manufacturing cost= $165,000

answer; i believe a ( newsletter ) should be sent;