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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 cost of goods manufactured for August is:
a. $227,000
b. $229,000
c. $219,000
d. $217,000
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
