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Selected financial information for Shadyside Manufacturing is presented in the following table (000s omitted). Sales revenue $4,200 Purchases of direct materials Direct labor $500
Selected financial information for Shadyside Manufacturing is presented in the following table (000s omitted). Sales revenue $4,200 Purchases of direct materials Direct labor $500 $480 Manufacturing overhead $650 Operating expenses $670 Beginning raw materials inventory $230 Ending raw materials inventory $240 Beginning work in process inventory $370 Ending work in process inventory $460 Beginning finished goods inventory $280 Ending finished goods inventory $200 What was the cost of goods manufactured? A. $1,530 OB. $1,620 OC. $1,510 OD. $1,710
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