Given the Following Data for Mehring Company, Compute (A) Total

question 58

Short Answer

Given the following data for Mehring Company, compute (A) total manufacturing costs and (B) cost of goods manufactured: $\begin{array}{llll}\text { Direct materials used } & \$ 230,000&\text { Beginning work IN} \\\text { process } & \$ 30,000\\\text { Direct labor } & 150,000 & \text { Ending work in process } & 15,000 \\\text { Manufacturing overhead } & 225,000 & \text { Beginning finished goods } & 38,000 \\\text { Operating expenses } & 263,000 & \text { Ending finished goods } & 23,000\end{array}$

$\begin{array}{lll}&(A)&(B)\\\text { a. } & \$ 590,000 & \$ 620,000 \\\text { b. } & \$ 605,000 & \$ 590,000 \\\text { c. } & \$ 605,000 & \$ 620,000 \\\text { d. } & \$ 620,000 & \$ 635,000\end{array}$

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