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What was cost of goods manufactured

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Reference no: EM132618686

Question - Peyton Manufacturing has the following data:

Work-in-process inventory, January 1, 20x8 $43,000

Work-in-process inventory, December 31, 20x8 48,500

Conversion costs during the year 415,000

Required - If direct materials used during the year were $135,000, what was cost of goods manufactured?

a. $140,500.

b. $539,000.

c. $409,500.

d. $544,500.

e. None of the answers is correct.

Reference no: EM132618686

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