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5. Sun Inc. has provided the following information: Beginning Work-in-Process Inventory $60,000 Beginning Raw Materials Inventory 55,000 Purchases and Freight In of Raw Materials
5. Sun Inc. has provided the following information: Beginning Work-in-Process Inventory $60,000 Beginning Raw Materials Inventory 55,000 Purchases and Freight In of Raw Materials 315,000 Ending Raw Materials Inventory 80,000 Direct Labor 70,000 Depreciation-Plant and Equipment 25,000 Plant Utilities, Insurance, and Property Taxes 15,500 Ending Work-in-Process Inventory 23,000 Selling and distribution overhead 40,000 Calculate the cost of goods manufactured. a) $412,500 b) $437,500 c) $477,500 d) $422,000 2016 Pearson Education Inc.
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