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During April, the Meade Enterprises had the following operating results: Sales revenue $ 1,610,000 Gross margin $ 655,000 Ending work-in-process inventory $ 55,500 Beginning work-in-process
During April, the Meade Enterprises had the following operating results:
Sales revenue | $ | 1,610,000 | |
Gross margin | $ | 655,000 | |
Ending work-in-process inventory | $ | 55,500 | |
Beginning work-in-process inventory | $ | 91,000 | |
Ending finished goods inventory | $ | 105,500 | |
Beginning finished goods inventory | $ | 136,000 | |
Marketing costs | $ | 261,000 | |
Administrative costs | $ | 161,000 | |
What is the cost of goods manufactured for April?
Multiple Choice
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$985,500
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$955,000
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$924,500
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$960,000
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