Arturo Manufacturing,Inc How Much Is the Cost of Goods Manufactured?
A) $841,150

Multiple Choice

Arturo Manufacturing,Inc.provided the following information for the year: $$\begin{array} { | l | r |} \hline \text { Beginning Balance - Work-in-Process Inventory } & \$ 151,000 \\\hline \text { Ending Balance - Work-in-Process Inventory } & 62,500 \\\hline \text { Beginning Balance - Raw Materials Inventory } & 268,000 \\\hline \text { Ending Balance - Raw Materials Inventory } & 53,700 \\\hline \text { Purchases - Raw Materials } & 135,500 \\\hline \text { Direct Labor } & 73,860 \\\hline \text { Indirect Materials } & 53,150 \\\hline \text { Indirect Labor } & 131,500 \\\hline \text { Depreciation on Factory Plant and Equipment } & 71,500 \\\hline \text { Plant Utilities and Insurance } & 72,840 \\\hline\end{array}$$
How much is the cost of goods manufactured?

A) $841,150
B) $752,650
C) $903,650
D) $769,650