Assume the Following Data for Gross,Inc What Is the Cost of Goods Manufactured for February?
A)$420,000

question 12

Multiple Choice

Assume the following data for Gross,Inc.,for February: $\begin{array}{lr}\text { Beginning finished goods inventory } & \$ 60,000 \\\text { Beginning work-in-process inventory } & 40,000 \\\text { Ending work-in-process inventory } & 80,000 \\\text { Ending finished goods inventory } & 50,000 \\\text { Factory overhead costs } & 200,000 \\\text { Direct materials used } & 160,000 \\\text { Direct labour } & 100,000\end{array}$
What is the cost of goods manufactured for February?

• A)$420,000
• B)$430,000
• C)$460,000
• D)$470,000