Multiple Choice
A corporation used $34,000 of direct materials.It incurred $74,000 in direct labor costs and $112,500 in manufacturing overhead costs during the period.What is the cost of goods manufactured if the beginning and ending Work-in-Process Inventories were $27,500 and $20,500,respectively?
A) $248,000
B) $227,500
C) $213,500
D) $220,500
Correct Answer:
Verified
Correct Answer:
Verified
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