Figure 4-1
Walter Company Uses a Job-Order Costing System to Account

Figure 4-1
Walter Company uses a job-order costing system to account for product costs. The following information pertains to 2011: $\begin{array}{lr}\text { Materials placed into production } & £ 140,000 \\\text { Indirect labour } & 40,000 \\\text { Direct labour (10,000 hours) } & 160,000 \\\text { Depreciation of factory building } & 60,000 \\\text { Other factory overhead } & 100,000 \\\text { Increase in work-in-progress inventory } & 30,000\end{array}$ Factory overhead rate is £18 per direct labour hour.
-Refer to Figure 4-1. What is the total amount debited to Finished Goods Inventory in 2011?

A) £490,000
B) £510,000
C) £450,000
D) £550,000