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Messana Corporation reported the following data for the month of August: Inventories: Beginning Ending Raw materials $36,000 $24,000 Work in process $23,000 $17,000 Finished goods
Messana Corporation reported the following data for the month of August:
| Inventories: | Beginning | Ending |
| Raw materials | $36,000 | $24,000 |
| Work in process | $23,000 | $17,000 |
| Finished goods | $37,000 | $55,000 |
| Additional information: | ||
| Raw materials purchases | $69,000 | |
| Direct labor cost | $94,000 | |
| Manufacturing overhead cost incurred | $54,000 | |
| Indirect materials included in manufacturing overhead cost incurred | $8,000 | |
| Manufacturing overhead cost applied to Work in Process | $56,000 |
The direct materials cost for August is:
a. $73,000
b. $69,000
c. $81,000
d. $57,000
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Auditing And Systems Exam Questions And Explanations
Authors: Irvin N. Gleim
10th Edition
158194246X, 978-1581942460
