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

question 90

Short Answer

Given the following data for Mehring Company compute (A) total manufacturing costs and (B) cost of goods manufactured: $\begin{array} { l r l r } \text { Direct materials used } & \$ 230,000 & \text { Beginning work in process } & \$ 30,000 \\ \text { Direct labor } & 150,000 & \text { Ending work in process } & 15,000 \\ \text { Manufacturing overhead } & 255,000 & \text { Beginning finished goods } & 38,000 \\ \text { Operating expenses } & 263,000 & \text { Ending finished goods } & 23,000 \end{array}$
$\begin{array}{lll} & {(\mathrm{A})}& (\mathrm{B}) \\\text { a. } & \$ 620,000 & \$ 650,000 \\\text { b. } & \$ 635,000 & \$ 620,000 \\\text { c. } & \$ 635,000 & \$ 650,000 \\\text { d. } & \$ 650,000 & \$ 665,000\end{array}$

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Definitions:

KB

Kilobyte, a unit of digital information storage equal to 1,024 bytes.

MB

Megabyte, a unit of digital information storage or transmission which comprises approximately 1 million bytes.

GB

Gigabyte, a unit of digital information storage equal to 1,024 megabytes or roughly 1 billion bytes.

TB

TB commonly stands for Tuberculosis, which is a serious infectious disease that mainly affects the lungs but can also affect other parts of the body.