Question
If the cost of the beginning work in process inventory is $51,000, direct materials cost is $341,000, direct labor cost is $207,000, and overhead cost
If the cost of the beginning work in process inventory is $51,000, direct materials cost is $341,000, direct labor cost is $207,000, and overhead cost is $310,000, and the ending work in process inventory is $46,000, calculate the cost of goods manufactured.
Multiple Choice
$955,000.
$553,000.
$858,000.
$863,000.
$909,000.
The following information is available for the year ended December 31:
Beginning raw materials inventory | $ 11,700 |
---|---|
Raw materials purchases | 87,400 |
Ending raw materials inventory | 11,100 |
Advertising expense | 830 |
The amount of raw materials used in production for the year is:
Multiple Choice
$88,830.
$76,300.
$88,230.
$86,800.
$88,000.
A manufacturing company has a beginning finished goods inventory of $29,100, cost of goods manufactured of $59,300, and an ending finished goods inventory of $28,400. The cost of goods sold for this company is:
Multiple Choice
$116,800.
$58,600.
$1,800.
$87,700.
$60,000.
Use the cost information below for Sundar Company to determine the cost of goods manufactured during the current year:
Direct materials used | $ 19,100 |
---|---|
Direct labor used | 24,600 |
Factory overhead | 54,600 |
Work in process inventory, beginning | 10,800 |
Work in process inventory, ending | 11,400 |
Multiple Choice
$98,300.
$43,700.
$97,700.
$43,100.
$78,600.
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