Morton Manufacturing Shows Cost of Goods Sold for the Month

Multiple Choice

Morton Manufacturing shows cost of goods sold for the month of March was $90,000. The finished goods inventory was $15,000 on March 1 and $17,500 on March 31. Beginning and ending work-in-process inventories were $20,000 and $25,000, respectively. What was the cost of goods manufactured during March?

A) $92,500
B) $90,000
C) $87,500
D) $97,500