Multiple Choice
Figure 2-1.Concam Inc. manufactures television sets. Last month direct materials (electronic components, etc.) costing $500,000 were put into production. Direct labor of $800,000 was incurred, overhead equaled $450,000, and selling and administrative costs totaled $360,000. The company manufactured 8,000 television sets during the month. Assume that there were no beginning or ending work in process balances.
-Refer to Figure 2-1. What was the amount of cost of goods manufactured last month?
A) $1,750,000
B) $1,250,000
C) $1,300,000
D) $2,110,000
Correct Answer:
Verified
Correct Answer:
Verified
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