Smalling Inc. has provided the following data for the month of November:
-The cost of goods manufactured for November is:
A) $226,000
B) $218,000
C) $225,000
D) $217,000

Question

Smalling Inc. has provided the following data for the month of November: 
-The cost of goods manufactured for November is:
A) $226,000 
B) $218,000 
C) $225,000 
D) $217,000

Quizplus · Accepted Answer

To calculate the cost of goods manufactured, we need to add the beginning work in process inventory to the total manufacturing costs and subtract the ending work in process inventory. According to the data provided, beginning work in process inventory was $20,000 and ending work in process inventory was $9,000. The total manufacturing costs were $230,000. Therefore, the cost of goods manufactured is:
$20,000 + $230,000 - $9,000 = $225,000. 
Hence, the correct option is C.