Multiple Choice
Craft Manufacturing Company's accounting records reflect the following inventories:
During 2019, $500,000 of raw materials were purchased, direct labour costs amounted to $600,000, and manufacturing overhead incurred was $480,000.
-If Craft Manufacturing Company's cost of goods manufactured for 2019 amounted to $1,390,000, its cost of sales for the year is:
A) $1,500,000.
B) $1,250,000.
C) $1,350,000.
D) $1,430,000.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Match the descriptions with their terms:<br>-Direct materials
Q3: For each item listed below, choose whether
Q4: For each item listed below, choose whether
Q5: Data for the cost of direct materials
Q6: Match the descriptions with their terms:<br>-The function
Q7: Prime costs of a company are $6,000,000.
Q8: Match the descriptions with their terms:<br>-The function
Q9: Which of the following is not a
Q10: Match the list of costs and expenses
Q11: Match the descriptions with their terms:<br>-The cost