The Following Information Is Taken from the Financial Records of Gunner

Multiple Choice

The following information is taken from the financial records of Gunner Manufacturing: Cost of materials used
$45,000
Direct labor costs
48,000
Factory overhead
39,000
Work in process, beg.
18,000
Work in process, end.
28,000
What is cost of goods manufactured?

A) $178,000
B) $132,000
C) $122,000
D) $142,000