Cost of Goods Sold In September, Lauren Ashley Company purchased materials costing $150,000 and incurred direct labor cost of $140,000. Overhead totaled $400,000 for the month. Information on inventories was as follows:   September 1   September 30 Materials $120,000   $130,000 Work in process 80,000   90,000 Finished goods 70,000   65,000 Required: What was the cost of goods sold for September?$

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Chapter4: Job Order Costing
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Problem 13PB: The Following events occurred during March for Ajax Company. Prepare a journal entry for each...
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Cost of Goods Sold

In September, Lauren Ashley Company purchased materials costing $150,000 and incurred direct labor cost of $140,000. Overhead totaled $400,000 for the month. Information on inventories was as follows:

  September 1   September 30
Materials $120,000   $130,000
Work in process 80,000   90,000
Finished goods 70,000   65,000

Required:

What was the cost of goods sold for September?
$

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