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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?
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$749,000
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$745,800
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$755,600
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$758,800
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