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In July, Noel & Vang Company Purchased Materials Costing $23,100

Question 7

Multiple Choice

In July, Noel & Vang Company purchased materials costing $23,100 and incurred direct labor cost of $19,800.Manufacturing overhead totaled $35,200 for the month.Information on inventories was as follows:

In July, Noel & Vang Company purchased materials costing $23,100 and incurred direct labor cost of $19,800.Manufacturing overhead totaled $35,200 for the month.Information on inventories was as follows: - What was the cost of goods sold for July? A) $77,220 B) $69,600 C) $71,300 D) $71,100
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What was the cost of goods sold for July?


A) $77,220
B) $69,600
C) $71,300
D) $71,100

Correct Answer:

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