Stan is a T shirt manufacturing business with the following fact pattern:

• T shirts are processed in batches of 100
• One T shirt requires one yard of fabric
• One yard of fabric costs $4
• Five direct labor hours are required to produce one batch of T shirts
• Direct labor costs $20/hour
• Direct labor is applied at the beginning of the process
• Factory overhead is applied at a rate of 130% of Direct Labor Dollars
• Factory overhead is applied at the end of the process

Stan begin the period with five batches in WIP Beginning Inventory. They transfer $4,800 from Raw Materials and complete 14 batches.

What is the dollar value of Cost of Goods Manufactured for the current period?

Group of answer choices

8,820

7,000

8,500

10,710