Calculate the cost of goods manufactured using the following information: Direct materials used Direct labor Total factory overhead General and administrative expenses Selling expenses Work in Process inventory, beginning Work in Process inventory, ending Finished goods inventory, beginning Finished goods inventory, ending Multiple Choice O O $688,600 $703,400. $696,000. $299,000 132,500 264,500 86,000 49,300 119,000 126,400 232,600 239,200
Calculate the cost of goods manufactured using the following information: Direct materials used Direct labor Total factory overhead General and administrative expenses Selling expenses Work in Process inventory, beginning Work in Process inventory, ending Finished goods inventory, beginning Finished goods inventory, ending Multiple Choice O O $688,600 $703,400. $696,000. $299,000 132,500 264,500 86,000 49,300 119,000 126,400 232,600 239,200
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Calculate the cost of goods manufactured using the following information:
Direct materials used
Direct labor
Total factory overhead
General and administrative expenses
Selling expenses
Work in Process inventory, beginning
Work in Process inventory, ending
Finished goods inventory, beginning
Finished goods inventory, ending
Multiple Choice
O
O
$688,600
$703,400.
$696,000.
$299,000
132,500
264,500
86,000
49,300
119,000
126,400
232,600
239,200
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