Reference no: EM132426757
Question - Using the following information, compute the COST OF GOODS MANUFACTURED.
Work-in-process inventory, beginning balance $124,500
Work-in-process inventory, ending balance 130,240
Direct materials used 340,700
Direct labor 369,080
Actual manufacturing overhead 279,000
Applied manufacturing overhead 284,200
Finished goods inventory, beginning balance 100,000
Finished goods inventory, ending balance 120,000
A. $999,720
B. $1,008,240
C. $994,520
D. $988,240
E. $1,004,920
F. $993,440
G. $983,040
H. $968,240
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