Given the Following Information,determine the Cost of Goods Manufactured A) $390,000
B) $503,000
C) $282,000
D) $188,000

question 73

Multiple Choice

Given the following information,determine the cost of goods manufactured. $\begin{array} { | l | r | } \hline\text { Direct Labor Incurred } & \$ 62,000 \\\hline \text { Manufacturing Overhead Incurred } & 177,000 \\\hline \text { Direct Materials Used } & 151,000 \\\hline \text { Finished Goods Inventory, Jan. 1 } & 197,000 \\\hline \text { Finished Goods Inventory, Dec. } 31 & 99,000 \\\hline \text { Work-in-Process Inventory, Jan. 1 } & 221,000 \\\hline \text { Work-in-Process Inventory, Dec. 31 } & 108,000 \\\hline\end{array}$

• A) $390,000
• B) $503,000
• C) $282,000
• D) $188,000

---

Definitions:

Encouraging

Offering support, confidence, or hope to someone in order to motivate or positively influence them.

Mixed

Typically refers to a combination or blend of different elements, qualities, or characteristics.

Twelve Steps

A set of guiding principles outlining a course of action for recovery from addiction, compulsion, or other behavioral problems, originated by Alcoholics Anonymous.

Alcohol-dependent

A condition characterized by a strong, often uncontrollable, desire to drink alcohol, leading to a physical and psychological dependence.