Question
Consider the following information: in 2020, raw materials used totaled $64,750; direct labor amounted to $198,400; manufacturing overhead was computed to be $394,800; Work-in-Process Inventory
Consider the following information: in 2020, raw materials used totaled $64,750; direct labor amounted to $198,400; manufacturing overhead was computed to be $394,800; Work-in-Process Inventory on January 1, 2020 was $189,100; and Work-in-Process Inventory on December 31, 2020 was $197,600. What was cost of goods manufactured in 2020? a)$847,050
b)$649,450
c)$855,550
d)$666,450
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Payroll Accounting 2018
Authors: Jeanette Landin, Paulette Schirmer
4th edition
1260005127, 1259742514, 1260005165, 126000516X, 978-1259742514
