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jayboskeet jayboskeet
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2 years ago

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

Inventories:

BeginningEnding
Work in process$25,000$20,000
Finished goods$54,000$58,000

Additional information:

Direct materials$65,000
Direct labor cost$95,000
Manufacturing overhead cost incurred$71,000
Manufacturing overhead cost applied to Work in Process$69,000

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

The cost of goods manufactured for May is:



▸ $229,000

▸ $234,000

▸ $231,000

▸ $236,000
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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fs125fs125
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Just got PERFECT on my quiz
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Good timing, thanks!
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