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28 of 75 MULTIPLE CHOICE Given the following data: Cost of materials used Direct labor costs Factory overhead Work in process
30 of 75 MULTIPLE CHOICE Given the following data: Work in process, beginning Work in process, ending Direct labor costs Cost
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Answer #1

1) Total manufacturing cost = 45000+48000+39000 = 132000

Cost of goods manufactured = 28000+132000-18000 = 142000

Cost of goods sold = 28000+142000-18000 = 152000

So answer is a) $152000

2) Total manufacturing cost = 8000+20000-14000 = 14000

Direct material used = 14000-8000-4000 = 2000

So answer is a) $2000

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