Figure 2-13 Inventory Balances for the Jameson Company in October 2016 Are

question 10

Multiple Choice

Figure 2-13
Inventory balances for the Jameson Company in October 2016 are as follows:
During October, purchases of direct materials were $36,000. Direct labor and factory overhead costs were $60,000 and $84,000, respectively.
-Refer to Figure 2-13. What is the cost of goods manufactured?

• A) $180,000
• B) $186,000
• C) $194,000
• D) $196,800