On 1 January, ZT Manufacturers’ work in progress was worth $6200. By the end of the year, this had fallen to $5400. What impact did this have on the cost of production for the year?
- Adecrease $800
- Bdecrease $11 600
- Cincrease $800
- Dincrease $11 600
Accounting 0452 · IGCSE · Manufacturing accounts
On 1 January, ZT Manufacturers’ work in progress was worth $6200. By the end of the year, this had fallen to $5400. What impact did this have on the cost of production for the year?