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In July, Noel & Vang Company purchased materials costing $23,100 and incurred direct labor cost of $19,800. Manufacturing overhead totaled $35,200 for the month. Information
In July, Noel & Vang Company purchased materials costing $23,100 and incurred direct labor cost of $19,800. Manufacturing overhead totaled $35,200 for the month. Information on inventories was follows: Materials Work in process Finished goods July 1 $6,820 770 3,630 July 31 $7,810 1,320 2,970 What was the cost of goods sold for July? Oa. $71,300 Ob. $77,220 Oc. $69,600 Od. $71.100
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