The account balances are show below for Deshields Industries at the end of the current month: The cost of goods manufactured for Deshields Industries at the end of the month is
A) $104,000
B) $107,900
C) $117,100
D) $164,000

Question

The account balances are show below for Deshields Industries at the end of the current month:  The cost of goods manufactured for Deshields Industries at the end of the month is
A) $104,000 
B) $107,900 
C) $117,100 
D) $164,000

Quizplus · Accepted Answer

Cost of Goods Manufactured = WIP, Beginning + (Direct Materials Used + Direct Labor + Manufacturing Overhead) - WIP, Ending = $35,000 + [$58,000 + $44,000 + ($9,100 + $13,000 + $3,500 + $6,400)] - $65,000 = $104,000

The Account Balances Are Show Below for Deshields Industries at the End