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Assume the following information pertaining to Star Company: Beginning Ending Finished goods inventory $ 160,000 $ 151,000 Work in process inventory 105,000 129,000 Direct materials
Assume the following information pertaining to Star Company: Beginning Ending Finished goods inventory $ 160,000 $ 151,000 Work in process inventory 105,000 129,000 Direct materials 142,000 159,000 Costs incurred during the period are as follows: Total manufacturing costs $ 936,000 Factory overhead 219,000 Direct materials used 173,000 Cost of goods sold is calculated to be:
Multiple Choice $912,000. $921,000. $928,000. $908,000. $934,000.
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