Hendrix & Franks Company had the following beginning and ending inventory balances for the current year ended December 31:
In addition, direct labor costs of $33,000 were incurred, manufacturing overhead equaled $46,200, materials purchased were $29,700, and selling and administrative costs were $24,200.Hendrix & Franks Co.sold 27,500 units of product during the year at a sales price of $5.25 per unit.
- What were the total manufacturing costs for the year?
A) $111,100
B) $102,000
C) $123,000
D) $106,500

Question

Hendrix & Franks Company had the following beginning and ending inventory balances for the current year ended December 31:  
 In addition, direct labor costs of $33,000 were incurred, manufacturing overhead equaled $46,200, materials purchased were $29,700, and selling and administrative costs were $24,200.Hendrix & Franks Co.sold 27,500 units of product during the year at a sales price of $5.25 per unit.
- What were the total manufacturing costs for the year?
A) $111,100 
B) $102,000 
C) $123,000 
D) $106,500

Quizplus · Accepted Answer

SUPPORTING CALCULATIONS:
 
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Hendrix & Franks Company Had the Following Beginning and Ending