Biology Forums - Study Force

Koczela Incorporated has provided the following data for the month of May:

Inventories:

	Beginning	Ending
Work in process	$17,000	$12,000
Finished goods	$46,000	$50,000

Additional information:

Direct materials	$57,000
Direct labor cost	$87,000
Manufacturing overhead cost incurred	$63,000
Manufacturing overhead cost applied to Work in Process	$61,000

Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.

The cost of goods manufactured for May is:

▸ $205,000

▸ $210,000

▸ $207,000

▸ $212,000

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