Muscat company has provided the following data for the month in January. Direct labor $900 Raw materials, Beginning $1,500 Raw materials, Purchase $800 Raw materials, Ending $900 WIP, Beginning WIP, Ending $1,000 $2,800 $7,000 Applied MOH Actual MOH $6,500 The cost of goods manufactured for January was a. $9,350 b. $13,100 c. $7,000 d. $7,500

Muscat company has provided the following data for the month in January. Direct labor $900 Raw materials, Beginning $1,500 Raw materials, Purchase $800 Raw materials, Ending $900 WIP, Beginning WIP, Ending $1,000 $2,800 $7,000 Applied MOH Actual MOH $6,500 The cost of goods manufactured for January was a. $9,350 b. $13,100 c. $7,000 d. $7,500

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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