Question
Burger Company had the following inventories at the beginning and end of the month of January. January 1 January 31 Finished Goods 125,000 117,000 Work-in-process
Burger Company had the following inventories at the beginning and end of the month of January. January 1 January 31 Finished Goods 125,000 117,000 Work-in-process 235,000 251,000 Direct materials 134,000 124,000 The following additional manufacturing data was available for the month of January. Direct materials purchased $189,000 Purchase returns and allowances 1,000 Transportation in 3,000 Direct labor 300,000 Actual factory overhead 175,000 Burger Company applies factory overhead at a rate of 60 percent of direct labor cost, and any overapplied or underapplied factory overhead is deferred until the end of the year, December 31. Burger Company's cost of goods manufactured for January was:
Question 4 options:
$665,000
$689,000
$687,000
$663,000
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