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4 years ago

Using the information below for Laurels Company; determine the cost of goods manufactured during the current year:

Business

1 answer:

torisob [31]4 years ago

6 0

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Direct materials used $5,000

Direct Labor 7,000

Total Factory overhead 5,100

Beginning work in process 3,000

Ending work in process 4,000

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 3,000 + 5,000 + 7,000 + 5,100 - 4,000= $16,100

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4 years ago

On March 1, the actual cash received from cash sales was $36,006, and the amount indicated by the cash register total was $36,01

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