14. Green Company's costs for the month of August were as follows: direct materials, $27,000; direct labor, $34,000; selling, $14,000; administrative, $12,000; and manufacturing overhead, $44,000. The beginning work in process inventory was $16,000 and the ending work in process inventory was $9,000. What was the cost of goods manufactured for the month? A. $105,000 B. $132,000 *opening work in process & cost incurred in production - endig. 16.000 + 200-9000 C. $138,000 D. $112,000 Wa

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter5: Process Costing
Section: Chapter Questions
Problem 1PB: The following product costs are available for Stellis Company on the production of erasers: direct...
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14. Green Company's costs for the month of August were as follows: direct materials, $27,000;
direct labor, $34,000; selling, $14,000; administrative, $12,000; and manufacturing overhead,
$44,000. The beginning work in process inventory was $16,000 and the ending work in process
inventory was $9,000. What was the cost of goods manufactured for the month?
A. $105,000
B. $132,000
* openly work in process & cost incurred in production - endiy
= 16000
C. $138,000
+
00-9000
D. $112,000
C. 11
work pri
Transcribed Image Text:1 14. Green Company's costs for the month of August were as follows: direct materials, $27,000; direct labor, $34,000; selling, $14,000; administrative, $12,000; and manufacturing overhead, $44,000. The beginning work in process inventory was $16,000 and the ending work in process inventory was $9,000. What was the cost of goods manufactured for the month? A. $105,000 B. $132,000 * openly work in process & cost incurred in production - endiy = 16000 C. $138,000 + 00-9000 D. $112,000 C. 11 work pri
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