Question
Consider Derek's budget information: materials to be used totals $65,900; direct labor totals $201,900; factory overhead totals $397,600; work in process inventory January 1 is
Consider Derek's budget information: materials to be used totals $65,900; direct labor totals $201,900; factory overhead totals $397,600; work in process inventory January 1 is $187,900; and work in progress inventory on December 31 is $191,700. The budgeted cost of goods manufactured for the year is
a.$191,700
b.$661,600
c.$665,400
d.$853,300
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Advanced Financial Accounting
Authors: Richard Baker, Valdean Lembke, Thomas King, Cynthia Jeffrey
7th Edition
0073526746, 978-0073526744
