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Inventory Balances for Spiritlight Ventures for November 2014 Are as Follows

Question 16

Multiple Choice

Inventory balances for Spiritlight Ventures for November 2014 are as follows: Inventory balances for Spiritlight Ventures for November 2014 are as follows: During November, purchases of direct materials were $18,000. Direct labor and factory overhead costs were $20,000 and $28,000, respectively. The cost of goods manufactured in November was A) $68,000. B) $77,600. C) $74,000. D) $71,600. During November, purchases of direct materials were $18,000. Direct labor and factory overhead costs were $20,000 and $28,000, respectively.
The cost of goods manufactured in November was


A) $68,000.
B) $77,600.
C) $74,000.
D) $71,600.

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