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Watson Specialties bought $100,000 of raw materials during June, incurred $90,000 in direct labor cost, and applied $130,000 in manufacturing overhead. Inventories for June were

Watson Specialties bought $100,000 of raw materials during June, incurred $90,000 in direct labor cost, and applied $130,000 in manufacturing overhead. Inventories for June were as follows:

Beginning Ending

Raw material $22,000 $24,000

Work in Process $23,000 $19,000

Finished Goods $32,000 $31,000

How much is cost of goods sold for June?

a.

$323,000

b.

$322,000

c.

$324,000

d.

$325,000

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