During the Year, a Manufacturing Company Had the Following Operating

question 133

Multiple Choice

During the year, a manufacturing company had the following operating results:
$\begin{array}{lcr}\text { Beginning work-in-process inventory } & \$ 45,000 \\\text { Beginning finished goods inventory } & \$ 190,000 \\\text { Direct materials used in production } & \$ 308,000 \\\text { Direct labor } & \$ 475,000\\\text { Manufacturing overhead incurred}&\$ 250,000\\\text { Ending work-in-process inventory}& \$ 67,000 \\\text { Ending finished goods inventory}& \$ 89,000 \end{array}$
What is the cost of goods manufactured for the year?

• A) $1,011,000
• B) $1,134,000
• C) $1,033,000
• D) $1,112,000

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