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39 (1 point) Jenkins Company had the following information for the year: Direct materials used Direct labor incurred (9,000 hours) Actual manufacturing overhead incurred Beginning

39 (1 point) Jenkins Company had the following information for the year: Direct materials used Direct labor incurred (9,000 hours) Actual manufacturing overhead incurred Beginning Work in Process Inventory Ending Work in Process Inventory Beginning Finished Goods Inventory $ 295,000 245,000 343,000 0 0 0 19,000 Ending Finished Goods Inventory Jenkins Company used a predetermined overhead rate based on estimated overhead of $320,000 and 8,000 estimated direct labor hours. What was adjusted cost of goods sold? a) $900,000 b) $883,000 c) $881,000 d) $864,000

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