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Assume the following information pertaining to Moonbeam Company: Finished goods inventory Work in process inventory Direct materials Beginning $158,500 104,000 140,750 Ending $149,650 127,750 157,550
Assume the following information pertaining to Moonbeam Company: Finished goods inventory Work in process inventory Direct materials Beginning $158,500 104,000 140,750 Ending $149,650 127,750 157,550 Costs incurred during the period are as follows: Total manufacturing costs Factory overhead Direct materials used $934,000 218,000 172,150 Cost of goods sold is calculated to be: Multiple Choice O $910.250. $926,100 $932,100 ooo $906,100. O $919,100
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