Maurice Tutor

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Teaching Since: May 2017
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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 11 Aug 2017 My Price 7.00

Entin Corporation

Entin Corporation reported the following data for the month of January:

  Beginning Ending
Inventories:        
Raw materials $ 43,000 $ 49,000
Work in process $ 22,000 $ 28,000
Finished goods $ 56,000 $ 58,000
         
Additional information:        
Raw materials purchases $ 76,000    
Direct labor cost $ 99,000    
Manufacturing overhead cost incurred $ 75,000    
Indirect materials included in manufacturing overhead cost incurred $ 4,000    
Manufacturing overhead cost applied to Work in Process $ 72,000    


The adjusted cost of goods sold that appears on the income statement for January is:

  $233,000
  $229,000
  $232,000
  $231,000

 

Answers

Maurice Tutor
(5)
Status NEW Posted 11 Aug 2017 06:08 PM My Price 7.00

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