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Given the Following Information,determine the Cost of Goods Manufactured A) $281,500
B) $390,500
C) $377,500
D) $312,000

question 31

Multiple Choice

Given the following information,determine the cost of goods manufactured.
 Direct labour incurred $61,000 Manufacturing overhead incurred 175,500 Direct materials used 154,000 Finished goods inventory, 1/1/2017 199,000 Finished goods inventory, 31/12/2017 222,000 Work in process inventory, 1/1/2017 26,000 Work in process inventory, 31/12/2017 109,000\begin{array} { | l | l | } \hline \text { Direct labour incurred } & \$ 61,000 \\\hline \text { Manufacturing overhead incurred } & 175,500 \\\hline \text { Direct materials used } & 154,000 \\\hline \text { Finished goods inventory, 1/1/2017 } & 199,000 \\\hline \text { Finished goods inventory, 31/12/2017 } & 222,000 \\\hline \text { Work in process inventory, 1/1/2017 } & 26,000 \\\hline \text { Work in process inventory, 31/12/2017 } & 109,000 \\\hline\end{array}


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