Karmon Audio, Inc. manufactures speakers. During March, Karmon's transactions and accounts included the following: Raw materials acquired for cash $82.500 Cost of direct materials used in production 81.900 Costs to ship products to customers 1,000 Direct labor cost incurred 41,000 Total manufacturing overhead incurred 25.000 Raw materials inventory, beginning 3,500 Raw materials inventory, ending 3.600 Work in process inventory, beginning 12.000 Work in process inventory, ending 14,200 How much is cost of goods manufactured for March? s147,900 S146,300 S146,700 S145,700
Karmon Audio, Inc. manufactures speakers. During March, Karmon's transactions and accounts included the following: Raw materials acquired for cash $82.500 Cost of direct materials used in production 81.900 Costs to ship products to customers 1,000 Direct labor cost incurred 41,000 Total manufacturing overhead incurred 25.000 Raw materials inventory, beginning 3,500 Raw materials inventory, ending 3.600 Work in process inventory, beginning 12.000 Work in process inventory, ending 14,200 How much is cost of goods manufactured for March? s147,900 S146,300 S146,700 S145,700
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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