Multiple Choice
For work done during June,Prints Company incurred direct materials costs of $150,000 and conversion costs of $225,000.The company employs a traditional operating philosophy.At the end of August,it was determined that the Work in Process Inventory account had been assigned $2,000 of costs,and the ending balance of the Finished Goods Inventory account was $5,000.There were no beginning inventory balances.
-Using the information provided for Prints Company,how much was cost of goods manufactured during June?
A) $375,000
B) $373,000
C) $370,000
D) $377,000
Correct Answer:

Verified
Correct Answer:
Verified
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