Accounting 2 Multiple Choice

Calculate the cost of goods manufactured using the following information: Direct materials Direct labor Factory overhead costs General and administrative expenses Selling expenses Work in Process inventory, January 1 Work in Process inventory, December 31 Finished goods inventory, January 1 Finished goods inventory, December 31 $299,500 133,000 265,000 86,500 49,800 119,500 126,900 233,100 239, 700 O O $690,100. O $704,900. O $776,600. O $697,500. O $683,500