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Suppose a bakery reports this information: Beginning Raw Materials Inventory $5,000 Ending Raw Materials Inventory 4,000 Beginning Work-in-Process Inventory 4,000 Ending Work-in-Process Inventory 3,000 Beginning
Suppose a bakery reports this information:
Beginning Raw Materials Inventory | $5,000 |
Ending Raw Materials Inventory | 4,000 |
Beginning Work-in-Process Inventory | 4,000 |
Ending Work-in-Process Inventory | 3,000 |
Beginning Finished Goods Inventory | 3,000 |
Ending Finished Goods Inventory | 5,000 |
Direct Labor | 31,000 |
Purchases of Raw Materials | 101,000 |
Manufacturing Overhead | 18,000 |
What is the cost of goods manufactured?
A.$ 150,000B.$ 149,000C.$ 174,000D.$ 152,000
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