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Sawyer Company had the following information for the year: Direct materials used $ 194,100 Direct labor incurred (7,400 hours) $ 246,500 Actual manufacturing overhead incurred

Sawyer Company had the following information for the year:

Direct materials used $ 194,100
Direct labor incurred (7,400 hours) $ 246,500
Actual manufacturing overhead incurred $ 315,000

Sawyer Company used a predetermined overhead rate using estimated overhead of $352,600 and 8,200 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods Inventory balance of $9,800. What was adjusted cost of goods sold?

  • $749,000

  • $745,800

  • $755,600

  • $758,800

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