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7 0.75 poi Twisted Pretzel, Inc. had beginning Work-in-Process Inventory (WIP) of $10,000 and makes only one product. It incurred the following costs during the
7 0.75 poi Twisted Pretzel, Inc. had beginning Work-in-Process Inventory (WIP) of $10,000 and makes only one product. It incurred the following costs during the year: Factory production $80,000 worker wages Direct materials $10,000 Allocated factory rent $30,000 Allocated factory utilities $10.000 Sales commissions $100,000 At the end of the year WIP totaled $1,000. Calculate the total costs of goods manufactured and transferred to Finished Goods Inventory
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