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QUESTION 1 Phelan's Pastries incurred $1,800 in production costs for the week. Work in process decreased by $100, and finished goods inventory increased by $500.
QUESTION 1
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Phelan's Pastries incurred $1,800 in production costs for the week. Work in process decreased by $100, and finished goods inventory increased by $500. What was the cost of jobs completed? (Hint: use a T-account)
A. $1,900
B. $1,600
C. $1,100
D. $1,700
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