Keegan Corporation reports the following cost information for March: Cost of Goods Manufactured $76,000 Manufacturing Overhead 18,900 Finished Goods Inventory, March 1 4000 Finished Goods Inventory, March 31 3000 Work-in-Process Inventory, March 1 9690 Work-in-Process Inventory, March 31 1200 Direct Labor 37,000 What is the amount of direct materials used by the company in March? A) $8490 B) $11,610 C) $20,100 D) $18,100
Keegan Corporation reports the following cost information for March: Cost of Goods Manufactured $76,000 Manufacturing Overhead 18,900 Finished Goods Inventory, March 1 4000 Finished Goods Inventory, March 31 3000 Work-in-Process Inventory, March 1 9690 Work-in-Process Inventory, March 31 1200 Direct Labor 37,000 What is the amount of direct materials used by the company in March? A) $8490 B) $11,610 C) $20,100 D) $18,100
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter26: Manufacturing Accounting: The Job Order Cost System
Section: Chapter Questions
Problem 2SEA: SCHEDULE OF COST OF GOODS MANUFACTURED The following information is supplied for Maupin...
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![Keegan Corporation reports the following cost
information for March:
Cost of Goods Manufactured $76,000
Manufacturing Overhead 18,900 Finished
Goods Inventory, March 1 4000 Finished Goods
Inventory, March 31 3000 Work-in-Process
Inventory, March 1 9690 Work-in-Process
Inventory, March 31 1200 Direct Labor 37,000
What is the amount of direct materials used by
the company in March?
A) $8490 B) $11,610 C) $20,100 D) $18,100](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Feb1171fb-889f-4d0d-ad84-beae93565f59%2Fc73d542d-b46f-4744-90bd-8bc923d8ee6b%2F7mxcvsa_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Keegan Corporation reports the following cost
information for March:
Cost of Goods Manufactured $76,000
Manufacturing Overhead 18,900 Finished
Goods Inventory, March 1 4000 Finished Goods
Inventory, March 31 3000 Work-in-Process
Inventory, March 1 9690 Work-in-Process
Inventory, March 31 1200 Direct Labor 37,000
What is the amount of direct materials used by
the company in March?
A) $8490 B) $11,610 C) $20,100 D) $18,100
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