Question
The following information is provided for the Heather Company for the current year: Beginning work in process inventory $150,000 Ending work in process inventory $70,000
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The following information is provided for the Heather Company for the current year:
Beginning work in process inventory $150,000
Ending work in process inventory $70,000
Beginning finished goods inventory $20,000
Ending finished goods inventory $30,000
Direct materials used $120,000
Direct labor $160,000
Manufacturing overhead $200,000
Selling and administrative expenses $100,000
What is the cost of goods manufactured?
a. $480,000
b. $540,000
c. $560,000
d. $660,000
The following information is provided for the Heather Company for the current year:
Beginning work in process inventory $150,000
Ending work in process inventory $70,000
Beginning finished goods inventory $20,000
Ending finished goods inventory $30,000
Direct materials used $120,000
Direct labor $160,000
Manufacturing overhead $200,000
Selling and administrative expenses $100,000
What is the cost of goods manufactured?
| a. $480,000 | ||
| b. $540,000 | ||
| c. $560,000 | ||
| d. $660,000 |
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Horngrens Accounting, The Managerial Chapters
Authors: Tracie Miller Nobles, Brenda Mattison
13th Edition
0135982138, 9780135982136
