Question 26

Holmstrom Corporation has provided the following data concerning last months operations.

Direct materials	$	14,000
Direct labor	$	58,000
Manufacturing overhead applied to Work in Process	$	79,000

	Beginning			Ending
Work in process inventory	$	47,000		$	53,000
Finished goods inventory	$	41,000		$	42,000

How much is the cost of goods available for sale on the Schedule of Cost of Goods Sold?

		$186,000
		$145,000
		$144,000
		$138,000