The following information is available: Direct material cost $20,000 - ProProfs Discuss
Topics
Products
Follow Us:

The following information is available: Direct material cost $20,000 Direct labor cost 30,000 Manufacturing overhead cost 40,000 Beginning raw materials inventory 10,000 Ending raw materials inventory 12,000 Beginning work-in-process inventory 27,000 Ending work-in-process inventory 30,000 Beginning finished goods inventory 56,000 Ending finished goods inventory 48,000Based on the above, the cost of goods manufactured was:



A. $90,000
B. $18,000
C. $87,000
D. None of these answers is correct.

This question is part of Chapter M2 Accounting
Asked by Amphib, Last updated: Jan 07, 2020

+ Answer
Request

1 Answer

John Smith

John Smith

Answered Jan 24, 2017

$87,000
 

Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer

Email Sent
We have sent an email to your address "" with instructions to reset your password.