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under Wadsworth Corporation's job costing system, manufacturing overhead is applied to work in process using a predetermined annual overhead rate. During May, Year 1, Wadsworth's

under Wadsworth Corporation's job costing system, manufacturing overhead is applied to work in process using a predetermined annual overhead rate. During May, Year 1, Wadsworth's transactions included the following:

Direct materials issued to production

$190,000

Indirect materials issued to production

18,000

Manufacturing overhead incurred

290,000

Manufacturing overhead applied

225,000

Direct manufacturing labor costs

210,000

Wadsworth had neither beginning nor ending workinprocess inventory. What was the cost of jobs completed and transferred to finished goods in May 20X1?

1.

$ 625,000

2.

$ 690,000

3.

$ 607,000

4.

$ 708,000

Wadsworth had neither beginning nor ending workinprocess inventory. What was the cost of jobs completed and transferred to finished goods in May 20X1?

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