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mcq The GSM company uses job order costing system and provides you the following data for the current period: Direct materials issued to production: $190,000
mcq The GSM company uses job order costing system and provides you the following data for the current period: Direct materials issued to production: $190,000 Indirect materials issued to production: $18,000 Direct labor cost: $ 214,000 Manufacturing overhead cost - applied: $226,000 Manufacturing overhead cost-actual: $230,000 There was no beginning and ending work in process and finished goods inventory. The company uses a predetermined overhead rate to apply manufacturing overhead to work in process (WIP) inventory Based on the above information, what is the cost of goods manufactured of GSM Company? Select one: O a. 878,000 O b. 634,000 O c. 652,000 O d. 648,000
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