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The accounting records of Bronco Company revealed the following information: Raw materials used$ 77,000 Direct labor $142,000 Manufacturing overhead $377,000 Work-in-process inventory, $67,000 Finished-goods inventory
The accounting records of Bronco Company revealed the following information:
Raw materials used$ 77,000
Direct labor $142,000
Manufacturing overhead $377,000
Work-in-process inventory, $67,000
Finished-goods inventory $206,000
Work-in-process inventory $93,000
Finished-goods inventory $157,000
Bronco's cost of goods manufactured is:
a) $570,000.
b) $573,000.
c) $619,000.
d) $622,000.
e) None of these.
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