Given the Following Data for Glennon Company Compute (A) Total

question 175

Short Answer

Given the following data for Glennon Company compute (A) total manufacturing costs and (B) costs of goods manufactured: $\begin{array} { l r l r } \text { Direct materials used } & \$ 270,000 & \text { Beginning work in process } & \$ 40,000 \\\text { Direct labor } & 200,000 & \text { Ending work in process } & 20,000 \\\text { Manufacturing overhead } & 250,000 & \text { Beginning finished goods } & 50,000 \\\text { Operating expenses } & 350,000 & \text { Ending finished goods } & 30,000\end{array}$


$\begin{array}{llr}& &&\underline{\text {A}}&&&&& \underline{\text {B}}\\\end{array}$
A) $\begin{array}{lll} & \$ 700,000 & \$ 740,000 \\\end{array}$
B) $\begin{array}{lll} & \$720,000 & \$ 700,000 \\\end{array}$
C) $\begin{array}{lll}& \$ 720,000 & \$ 740,000 \\\end{array}$
D) $\begin{array}{lll} & \$ 740,000 & \$ 760,000\end{array}$

• A)\(\begin{array}{lll} & \$ 700,000 & \$ 740,000 \\\end{array}\)
• B)\(\begin{array}{lll} & \$720,000 & \$ 700,000 \\\end{array}\)
• C)\(\begin{array}{lll}& \$ 720,000 & \$ 740,000 \\\end{array}\)
• D)\(\begin{array}{lll} & \$ 740,000 & \$ 760,000
• \end{array}\)

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