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| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago, 4 Days Ago |
| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Cerrone Inc. has provided the following data for the month of July. The balance in the Finished Goods inventory account at the beginning of the month was $51,300 and at the end of the month was $41,700. The cost of goods manufactured for the month was $274,000. The actual manufacturing overhead cost incurred was $84,800 and the manufacturing overhead cost applied to Work in Process was $79,000. The adjusted cost of goods sold that would appear on the income statement for July is: a) $283,600 b) $264,400 c) $277,800 d) $289,400
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