The following amounts were reported by Burke Company before adjusting its immaterial overapplied manufacturing overhead of $8000. $\begin{array}{lr}
\text { Raw Materials Inventory } & \$ 40,000 \
\text { Finished Goods Inventory } & 60,000 \
\text { Work in Process Inventory } & 100,000 \
\text { Cost of Goods Sold } & 730,000
\end{array}$ Instructions
Compute what amount Burke will report as cost of goods sold after it disposes of its overapplied overhead.

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The Answer of The following amounts were reported by Burke Company before adjusting its immaterial overapplied manufacturing overhead of $8000. $\begin{array}{lr}
\text { Raw Materials Inventory } & \$ 40,000 \
\text { Finished Goods Inventory } & 60,000 \
\text { Work in Process Inventory } & 100,000 \
\text { Cost of Goods Sold } & 730,000
\end{array}$ Instructions
Compute what amount Burke will report as cost of goods sold after it disposes of its overapplied overhead.

The Following Amounts Were Reported by Burke Company Before Adjusting