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Finished goods inventory, beginninge Ole Finished goods inventory, ending 20,900 Cost of goods manufacturede 43,800 What is the cost of goods sold? A) $77,700 B)

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Finished goods inventory, beginninge Ole Finished goods inventory, ending 20,900 Cost of goods manufacturede 43,800 What is the cost of goods sold? A) $77,700 B) $73,000 C) $22.900 D) $43,800 4) George's Chemicals allocates overhead based on machine hours. Selected data for the most recent year follow.e Estimated manufacturing overhead cost $235,3002 Actual manufacturing overhead cost- $244,900 Estimated machine hours 20,400 Actual machine hours 22,700 a The estimates were made as of the beginning of the year, while the actual results were for the entire year.e The amount of manufacturing overhead allocated for the year based on machine hours would have been ? (Round intermediary calculations to the nearest cent and final answer to the nearest dollar.se A) $220,086. B) $261,731 C) $244,900. D) $235,300.- 5) In 2013, the employee at Lighthouse Services prepared an annual report for the bank that revealed total revenue in 2012 was $6,000,000. The manager needs the information to apply for a loan to purchase new equipment to maintain the operations at the organization. The report was prepared in accordance with GAAP and the report contained information about the 2012

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