Selected financial information for Brookeville Manufacturing is present Sales revenue $4500 Purchases of direct materials $440 $490 $670 $660 $300 $230 $420 $490 $310 $220 Direct labor Manufacturing overhead Operating expenses Beginning raw materials inventory Ending raw materials inventory Beginning work in process inventory Ending work in process inventory Beginning finished goods inventory Ending finished goods inventory What was the cost of goods manufactured? O $1520 1600 $1740 $1670

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Selected financial information for Brookeville Manufacturing is presented in the following table (000s omitted).
Sales revenue
$4500
Purchases of direct materials
$440
$490
$670
$660
$300
$230
$420
$490
$310
$220
Direct labor
Manufacturing overhead
Operating expenses
Beginning raw materials inventory
Ending raw materials inventory
Beginning work in process inventory
Ending work in process inventory
Beginning finished goods inventory
Ending finished goods inventory
What was the cost of goods manufactured?
O $1520
1600
$1740
$1670
Transcribed Image Text:Selected financial information for Brookeville Manufacturing is presented in the following table (000s omitted). Sales revenue $4500 Purchases of direct materials $440 $490 $670 $660 $300 $230 $420 $490 $310 $220 Direct labor Manufacturing overhead Operating expenses Beginning raw materials inventory Ending raw materials inventory Beginning work in process inventory Ending work in process inventory Beginning finished goods inventory Ending finished goods inventory What was the cost of goods manufactured? O $1520 1600 $1740 $1670
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