Hunkins Corporation has provided the following data concerning last month's operations. Purchases of raw materials $33,000 $ 4,000 $58,000 $91,000 Indirect materials included in manufacturing overhead Direct labor cost Manufacturing overhead applied to Work in Process Beginning Ending $14,000 $20,000 $57,000 $70,000 Raw materials inventory Work in process inventory How much is the cost of goods manufactured for the month on the Schedule of Cost of Goods Manufactured?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Multiple Choice
$159,000
$176,000
$229,000
$172,000
Transcribed Image Text:Multiple Choice $159,000 $176,000 $229,000 $172,000
Hunkins Corporation has provided the following data concerning last month's operations.
$33,000
$ 4,000
$58,000
$91,000
Purchases of raw materials
Indirect materials included in manufacturing overhead
Direct labor cost
Manufacturing overhead applied to Work in Process
Raw materials inventory
Work in process inventory
Beginning Ending
$14,000 $20,000
$57,000 $70,000
How much is the cost of goods manufactured for the month on the Schedule of Cost of Goods Manufactured?
Transcribed Image Text:Hunkins Corporation has provided the following data concerning last month's operations. $33,000 $ 4,000 $58,000 $91,000 Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor cost Manufacturing overhead applied to Work in Process Raw materials inventory Work in process inventory Beginning Ending $14,000 $20,000 $57,000 $70,000 How much is the cost of goods manufactured for the month on the Schedule of Cost of Goods Manufactured?
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