CourseLover

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Category > Management Posted 20 Dec 2017 My Price 10.00

Watson Specialties bought $100,000 of raw materials

Watson Specialties bought $100,000 of raw materials during June, incurred $90,000 in direct labor cost, and applied $130,000 in manufacturing overhead. Inventories for June were as follows:

                                                    Beginning                            Ending

Raw material         $22,000                             $24,000

Work in Process    $23,000                             $19,000

Finished Goods     $32,000                             $31,000

 

How much is cost of goods sold for June?

  a.

$323,000
  b.

$322,000
  c.

$324,000
  d.

$325,000

Answers

CourseLover
(12)
Status NEW Posted 20 Dec 2017 04:12 PM My Price 10.00

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