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What is the cost of goods manufactured

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Question - During the month of July, Reardon Company incurs $17,000 of direct labour and $8,500 of manufacturing overhead, and purchases $15,000 of raw materials. Between the beginning and end of the month, the raw materials inventory increases by $2,000, the finished goods inventory increased by $1,500, and the work-in- progress inventory decreases by $3,000. What is the cost of goods manufactured?

a) $38,500

b) $40,500

c) $41,500

d) $43,500

Reference no: EM132071599

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