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Revlewing old documents and Intervlewing selected employees have generated the following additional Information: Payroll records Indicate that 6,000 direct labor-hours were recorded for June. It
Revlewing old documents and Intervlewing selected employees have generated the following additional Information: Payroll records Indicate that 6,000 direct labor-hours were recorded for June. It was verfified that there were no varlations in pay rates among employees during June. Records at the warehouse Indicate that the Finished Goods Inventory totaled $17,600 on June 30. Another record kept manually Indicates that the Cost of Goods Sold in June totaled $92,000. The predetermined overhead rate was based on an estimated 68,000 direct labor-hours for the year and an estimated $272,000in manufacturing overhead costs. What is the Cost of Goods Manufactured for June? Multiple Choice $96,800. $92,000. $101,600. $107,600
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