Koczela Inc. has provided the following data for the month of May:
Inventories:
Beginning End...
Business, 28.07.2020 19:01 dhailyortegacampa131
Koczela Inc. has provided the following data for the month of May:
Inventories:
Beginning Ending
Work in process $ 25,000 $ 20,000
Finished goods $ 54,000 $ 58,000
Additional information:
Direct materials $ 65,000
Direct labor cost $ 95,000
Manufacturing overhead cost incurred $ 71,000
Manufacturing overhead cost applied to Work in Process $ 69,000
Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.
The cost of goods manufactured for May is:
$229,000
$234,000
$231,000
$236,000
Answers: 3
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