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Sales revenue $5,000 Purchases of direct materials $420 Direct labor $510 Manufacturing overhead $640 Operating expenses $670 $210 Beginning raw materials inventory Ending raw materials
Sales revenue $5,000 Purchases of direct materials $420 Direct labor $510 Manufacturing overhead $640 Operating expenses $670 $210 Beginning raw materials inventory Ending raw materials inventory $250 Beginning work in process inventory $420 Ending work in process inventory $500 Beginning finished goods inventory $250 Ending finished goods inventory $220 What was the cost of goods manufactured? a. $1,610 b. $1,390 c. $1,530 d. $1,450
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