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Morton Inc. has provided the following data for the month of November. The balance in the Finished Goods inventory account at the beginning of the

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Morton Inc. has provided the following data for the month of November. The balance in the Finished Goods inventory account at the beginning of the month was $50,500 and at the end of the month was $46,500. The cost of goods manufactured for the month was $241.000. The actual manufacturing overhead cost incurred was $89,000 and the manufacturing overhead cost allocated to Work in Process was $85,000 The adjusted cost of goods sold that would appear on the income statement for November is: Multiple Choice $241,000 $245,000 $237,000. $249.000 The following direct labor information pertains to the manufacture of product Scour: Time required to make one unit Number of direct workers Number of productive hours per week, per worker Weekly wages per worker Workers' benefits treated as direct labor costs 2 direct labor hours 50 40 $1,250 20% of wages What is the standard direct labor cost per unit of product Scour? (CPA adapted) Multiple Choice $75 SS4 $75 954 $45. $27

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