Question

Wayne Company's beginning and ending inventories for the month of June were as follows:

Answer 1

Answer:

d. $487,750

Explanation:

Cost of goods manufactured

Consider only the manufacturing costs

Cost of goods manufactured = $145,000 +  $200,000 +  $ 170,000 + ($5.75 x  25,000) - $171,000

                                                =  $487,750

Note : Only overheads applied $143,750 ($5.75 x  25,000) are added to cost of goods manufactured instead of actual overheads.

Conclusion

the amount of cost of goods manufactured is  $487,750