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Wilco Inc. presents the following production cost data: DM Inventory, Jan 1 DM Inventory, Dec 31 WIP Inventory, Jan 1 WIP Inventory, Dec 31 FG
Wilco Inc. presents the following production cost data: DM Inventory, Jan 1 DM Inventory, Dec 31 WIP Inventory, Jan 1 WIP Inventory, Dec 31 FG Inventory, Jan 1 FG Inventory, Dec 31 DM Purchases IM Purchases Direct Labor Incurred Indirect Labor Incurred POHR $10,000 $11,000 $30,000 $32,000 $80,000 $78,000 $100,000 $20,000 $70,000 $30,000 $5 per machine hour 10,000 12,000 $62,000 What is Wilco's Cost of Goods Manufactured for the period? Budgeted Machine Hours Actual Machine Hours Actual MOH O $229,000 O $231,000 O $227,000 O $233,000
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