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Karmon Audio, Inc. manufactures speakers. During March, Karmon's transactions and accounts included the following: Raw materials acquired for cash $82.500 Cost of direct materials used in production 81.900 Costs to ship products to customers 1,000 Direct labor cost incurred 41,000 Total manufacturing overhead incurred 25.000 Raw materials inventory, beginning 3,500 Raw materials inventory, ending 3.600 Work in process inventory, beginning 12.000 Work in process inventory, ending 14,200 How much is cost of goods manufactured for March? s147,900 S146,300 S146,700 S145,700

Karmon Audio, Inc. manufactures speakers. During March, Karmon's transactions and accounts included the following: Raw materials acquired for cash $82.500 Cost of direct materials used in production 81.900 Costs to ship products to customers 1,000 Direct labor cost incurred 41,000 Total manufacturing overhead incurred 25.000 Raw materials inventory, beginning 3,500 Raw materials inventory, ending 3.600 Work in process inventory, beginning 12.000 Work in process inventory, ending 14,200 How much is cost of goods manufactured for March? s147,900 S146,300 S146,700 S145,700

Principles of Cost Accounting
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter1: Introduction To Cost Accounting
Section: Chapter Questions
Problem 9P: Glasson Manufacturing Co. produces only one product. You have obtained the following information...
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Karmon Audio, Inc. manufactures speakers. During March, Karmon's transactions and accounts included the following: Raw materials acquired for cash $82,500 Cost of direct materials used in production 81,900 Costs to ship products to customers 1,000 Direct labor cost incurred 41,000 Total manufacturing overhead incurred 25,000 Raw materials inventory, beginning 3,500 Raw materials inventory, ending 3,600 Work in process inventory, beginning 12,000 Work in process inventory, ending 14,200 How much is cost of goods manufactured for March? $147,900 $146,300 $146,700 $145,700
Transcribed Image Text:Karmon Audio, Inc. manufactures speakers. During March, Karmon's transactions and accounts included the following: Raw materials acquired for cash $82,500 Cost of direct materials used in production 81,900 Costs to ship products to customers 1,000 Direct labor cost incurred 41,000 Total manufacturing overhead incurred 25,000 Raw materials inventory, beginning 3,500 Raw materials inventory, ending 3,600 Work in process inventory, beginning 12,000 Work in process inventory, ending 14,200 How much is cost of goods manufactured for March? $147,900 $146,300 $146,700 $145,700
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