A company used $35,000 of direct materials, incurred $73,000 in direct labor cost, and $114,000 in manufacturing overhead costs during the period. If beginning and ending work in process inventories were $28,000 and $21,000 respectively. What is the cost of goods manufactured?
A) $250,000
B) $229,000
C) $215,000
D) $222,000

Question

Quizplus · Accepted Answer

Calculations: $28,000 + $35,000 + $73,000 + $114,000 - $21,000 = $229,000

A Company Used $35,000 of Direct Materials, Incurred $73,000 in Direct