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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

  • $985,500

  • $955,000

  • $924,500

  • $960,000

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