Budgeted inventories for the Remle Company follow: January 1 December 31 Direct materials $24,800 $26,700 Work in process 57,600 55,200 Finished goods 83,300 87,400 Additional
Budgeted inventories for the Remle Company follow:
January 1 December 31
Direct materials $24,800 $26,700
Work in process 57,600 55,200
Finished goods 83,300 87,400
Additional budget information follows:
Total manufacturing costs $354,500
Cost of goods manufactured 356,900
Calculate the budgeted cost of goods sold.
a. $352,800
b. $350,400
c. $361,000
d. $359,300
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Authors: U. S. Government Accountability Office
1st Edition
1287232027, 978-1287232025
