Carolina Plating Company reported a cost of goods manufactured of $523,000, with the firm\'s year-end balance sheet revealing work in process and finished goods of $78,000 and $140,000, respectively. If supplemental information disclosed raw materials used in production of $89,000, direct labor of $146,000, and manufacturing overhead of $243,000, the company\'s beginning work in process must have been: Solution None of these .

1. Carolina Plating Company reported a cost of goods manufactured of $523,000, with the firm's
year-end balance sheet revealing work in process and finished goods of $78,000 and $140,000,
respectively. If supplemental information disclosed raw materials used in production of $89,000,
direct labor of $146,000, and manufacturing overhead of $243,000, the company's beginning
work in process must have been:
$51,000.
None of these.
$33,000.
$123,000.
$400,000.
Solution
None of these