Chavez Corporation reported the following data for the month of July: Inventories: Additional information:
Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.The direct materials cost for July is:
A) $55,000
B) $69,000
C) $63,000
D) $66,000

Question

Chavez Corporation reported the following data for the month of July: Inventories:  Additional information:
 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.The direct materials cost for July is:
A) $55,000 
B) $69,000 
C) $63,000 
D) $66,000

Quizplus · Accepted Answer

The Answer of Chavez Corporation reported the following data for the month of July: Inventories:  Additional information:
 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.The direct materials cost for July is:
A) $55,000 
B) $69,000 
C) $63,000 
D) $66,000

Chavez Corporation Reported the Following Data for the Month of July