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27-09-2019
Business

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Messana Corporation reported the following data for the month of August: Inventories: Beginning Ending Raw materials $36,000 $24,000 Work in process $23,000 $17,000 Finished goods $37,000 $55,000 Additional information: Raw materials purchases $69,000 Direct labor cost $94,000 Manufacturing overhead cost incurred $54,000 Indirect materials included in manufacturing overhead cost incurred $8,000 Manufacturing overhead cost applied to Work in Process $56,000 The cost of goods manufactured for August is: $227,000 $229,000 $219,000 $217,000

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mltn1980 mltn1980

30-09-2019

Answer:

$217,000

Explanation:

Begining Purchases Ending

Raw Materials $ 36,000 $ 69,000 $ 24.000

Work in Process $ 23,000 $ 17,000 $ 6.000

Finished Goods $ 37,000 $ 55,000 -$ 18.000

Direct Lab Costs $ 94,000 $ 94,000

Manuf Overhead $ 54,000 $ 54,000

Total

Raw Materials $ 81.000

Work in Process $ 6.000

Finished Goods -$ 18.000

Direct Labor Costs $ 94.000

Manufacturing Overhead $ 54.000

Costo of Goods Manufactured $ 217.000

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