What was the beginning work-in-process inventory

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Reference no: EM132693326

Altra observed the following results at the end of the last month.

Direct labour$110,000

Overhead costs$500,000

Raw materials used$1,500,000

Cost of goods manufactured$2,100,000

Advertising cost$200,000

Ending work-in-process$200,000

Problem 1: What was the beginning work-in-process inventory?

Option 1: $190,000

Option 2: $210,000

Option 3: $390,000

Option 4: $2,110,000

Reference no: EM132693326

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