Swifty Corporation developed the following data for the current year: Beginning work in process inventory $250000 Direct materials used 174000 Actual overhead 318000 Overhead applied 246000 Cost of goods manufactured 294000 Total manufacturing costs 790000 Swifty Corporation's ending work in process inventory is $246000. $746000. $496000. $540000.

$746000

Explanation:

The raw material inventory which is placed in the processing to manufacture the product is called work in process. These items are waiting for the completion of the product. So, its cost is calculated and recorded in work in process account to keep it separate from raw material inventory and Finished goods inventory.

Cost of Goods Manufactured = Total Manufacturing cost + Beginning work in process inventory - Ending work in process

$294,000 = $790,000 + $250,000 - Ending work in process

$294,000 = $1,040,000 - Ending work in process

Ending work in process = $1,040,000 - $294,000 = $746,000

answerpounds of plastic to purchase 200+60-20=(240);