Question
Crane Audio, Inc. manufactures speakers. During March, selected information is provided below for transactions and accounts: Raw materials acquired for cash $84900 Cost of
Crane Audio, Inc. manufactures speakers. During March, selected information is provided below for transactions and accounts: Raw materials acquired for cash $84900 Cost of direct materials used in production 84300 Costs to ship products to customers 3400 Direct labor cost incurred 43400 Total manufacturing overhead incurred 27400 Raw materials inventory, beginning 5900 Raw materials inventory, ending 6000 Work in process inventory, beginning 14400 Work in process inventory, ending 16600 How much is cost of goods manufactured for March? O $155100 O $152900 O $156300 O $153500
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