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Scarnato Inc., which uses job-order costing, has provided the following data for May: Direct Materials 61,000 Direct Labor Cost 86,000 Manufacturing Overhead Cost Incurred 48,000
Scarnato Inc., which uses job-order costing, has provided the following data for May:
Direct Materials 61,000
Direct Labor Cost 86,000
Manufacturing Overhead Cost Incurred 48,000
Manufacturing Overhead cost applied 51,000
Inventories:BeginningEnding
Work in process24,00016,000
Finished goods31,00048,000
The cost of goods manufactured for May is closest to:
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