During Its First Year of Operations, the Brown Company Incurred

question 10

Multiple Choice

During its first year of operations, the Brown Company incurred the following product costs: Direct materials used in production $200,000
Direct labor $175,000
Manufacturing overhead $145,500
The Brown Company's ending Work in Process Inventory amounted to $35,000 at the end of the year. What is the company's cost of finished goods manufactured for the year?

• A) $200,000.
• B) $375,000.
• C) $485,500.
• D) $520,500.

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