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