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The Following Information Has Been Collected from Harper Tools' Accounting

Question 71

Multiple Choice

The following information has been collected from Harper Tools' accounting records for the month of April:  Direct materials added to Work in Process Inventory $160,000 Indirect materials added to Manufacturing Overhead 40,000 Direct labor added to Work in Process Inventory 150,000 Indirect labor added to Manufacturing Overhead 65,000 Manufacturing overhead added to Work in Process Inventory 100,000 Depreciation Expense added to Manufacturing Overhead 50,000 Cost of Goods Sold 340,000 Cost of Goods Manufactured 380,000\begin{array}{lr}\text { Direct materials added to Work in Process Inventory } & \$ 160,000 \\\text { Indirect materials added to Manufacturing Overhead } & 40,000 \\\text { Direct labor added to Work in Process Inventory } & 150,000 \\\text { Indirect labor added to Manufacturing Overhead } & 65,000\\\text { Manufacturing overhead added to Work in Process Inventory }&100,000\\\text { Depreciation Expense added to Manufacturing Overhead } & 50,000 \\\text { Cost of Goods Sold } & 340,000 \\\text { Cost of Goods Manufactured } & 380,000\end{array} What is the amount of the current manufacturing costs?


A) $410,000
B) $565,000
C) $500,000
D) $550,000

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