What was the cost of goods manufactured (finished)for the year (in thousands of dollars)?
A) $530.
B) $520.
C) $500.
D) $460.= 160 + 130 + 200 + 40 - 10 = $520

Question

Quizplus · Accepted Answer

The cost of goods manufactured is calculated as the sum of direct materials, direct labor, manufacturing overhead, and beginning work in process inventory, minus ending work in process inventory. The given calculation matches option B, $520.

What Was the Cost of Goods Manufactured (Finished)for the Year