Using the information below for Singing Dolls, Inc., determine the cost of goods manufactured for the year: Work in Process, January 1 $51,400 Work in Process, December 31 37,700 Total Factory overhead 6,200 Direct materials used 13,200 Direct labor used 27,200 a. $60,300. b. $98,000. c. $54,100. d. $46,600. e. $13,700.

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter26: Manufacturing Accounting: The Job Order Cost System
Section: Chapter Questions
Problem 2SEA: SCHEDULE OF COST OF GOODS MANUFACTURED The following information is supplied for Maupin...
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Using the information below for Singing Dolls, Inc., determine the cost of
goods manufactured for the year:
Work in Process, January 1
$51,400
Work in Process, December 31 37,700
Total Factory overhead
6,200
Direct materials used
13,200
Direct labor used
27,200
a. $60,300.
b. $98,000.
c. $54,100.
d. $46,600.
e. $13,700.
Transcribed Image Text:Using the information below for Singing Dolls, Inc., determine the cost of goods manufactured for the year: Work in Process, January 1 $51,400 Work in Process, December 31 37,700 Total Factory overhead 6,200 Direct materials used 13,200 Direct labor used 27,200 a. $60,300. b. $98,000. c. $54,100. d. $46,600. e. $13,700.
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