Boursaw Corporation has provided the following data concerning last month's operations. Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.
How much is the cost of goods available for sale on the Schedule of Cost of Goods Sold?
A) $141,000
B) $185,000
C) $144,000
D) $136,000

Question

Boursaw Corporation has provided the following data concerning last month's operations.  Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.
How much is the cost of goods available for sale on the Schedule of Cost of Goods Sold?
A) $141,000 
B) $185,000 
C) $144,000 
D) $136,000

Quizplus · Accepted Answer

The cost of goods available for sale can be calculated by adding the beginning inventory of $16,000 to the cost of goods manufactured of $169,000, which equals $185,000.

Boursaw Corporation Has Provided the Following Data Concerning Last Month's