Question 11. 11. Wayne Company's beginning and ending inventories for the month of June were as follows: June 1 June 30 Work in progress $145,000 171,000 Finished Goods 85,000 78,000 Production data for the month follow:

Direct labor cost incurred $200,000

Direct labor hours 25,000

Actual manufacturing overhead cost incurred 132,000

Direct Materials 170,000 Wayne applies manufacturing overhead cost to jobs based on direct labor-hours, and the predetermined rate is $5.75 per direct labor-hour. The company does not close under applied or over applied manufacturing overhead to Cost of Goods Sold until the end of the year. What is the amount of cost of goods manufactured? (Points : 2)

$508,750 $502,000 $585,000 $487,750 I'm not quote sure how to figure this, my texbook is kind of confusing on this. Any help is appreciated. Thanks!