Fire Cat,Inc.selected cost data for the year are shown below: $$\begin{array} { | l | r | }
\hline \text { Cost of Goods Manufactured } & \$ 146,800 \
\hline \text { Work-in-Process Inventory, Jan. 1 } & 20,000 \
\hline \text { Work-in-Process Inventory, Dec. 31 } & 23,000 \
\hline \text { Direct Materials Used } & 17,400 \
\hline
\end{array}$$
What is the total of manufacturing costs incurred by Fire Cat,Inc.during the year?
A) $149,800
B) $143,800
C) $25,600
D) $37,400

Question

Fire Cat,Inc.selected cost data for the year are shown below: $$\begin{array} { | l | r | } 
\hline \text { Cost of Goods Manufactured } & \$ 146,800 \
\hline \text { Work-in-Process Inventory, Jan. 1 } & 20,000 \
\hline \text { Work-in-Process Inventory, Dec. 31 } & 23,000 \
\hline \text { Direct Materials Used } & 17,400 \
\hline
\end{array}$$
 What is the total of manufacturing costs incurred by Fire Cat,Inc.during the year?
A) $149,800
B) $143,800
C) $25,600
D) $37,400

Quizplus · Accepted Answer

The total manufacturing costs incurred by Fire Cat, Inc. during the year is $149,800. This is calculated by adding the cost of goods manufactured ($146,800) to the increase in work-in-process inventory ($23,000 - $20,000 = $3,000).

Fire Cat,Inc What Is the Total of Manufacturing Costs Incurred by Fire