The following information is taken from the financial records of Gunner Manufacturing:

Cost of materials used $45,000
Direct labor costs 48,000
Factory overhead 39,000
Work in process,beginning 18,000
Work in process,ending 28,000

What is the cost of goods manufactured?
A) $178,000
B) $132,000
C) $122,000
D) $142,000

Question

The following information is taken from the financial records of Gunner Manufacturing: ​
​
Cost of materials used $45,000
Direct labor costs 48,000
Factory overhead 39,000
Work in process,beginning 18,000
Work in process,ending 28,000
​
​
What is the cost of goods manufactured?
A) $178,000
B) $132,000
C) $122,000
D) $142,000

Quizplus · Accepted Answer

The Answer of The following information is taken from the financial records of Gunner Manufacturing: ​
​
Cost of materials used $45,000
Direct labor costs 48,000
Factory overhead 39,000
Work in process,beginning 18,000
Work in process,ending 28,000
​
​
What is the cost of goods manufactured?
A) $178,000
B) $132,000
C) $122,000
D) $142,000

The Following Information Is Taken from the Financial Records of Gunner