Given the following data for Harder Company, compute cost of goods manufactured: Direct materials used $120,000 Beginning work in process $20,000 Direct labor 200,000 Ending work in process 10,000 Manufacturing overhead 150,000 Beginning finished goods 25,000 Operating expenses 175,000 Ending finished goods 15,000 a. $460,000 b. $470,000 c. $480,000 d. $490,000

Question

Business

Janessa Preston

29 November, 18:14

Given the following data for Harder Company, compute cost of goods manufactured: Direct materials used $120,000 Beginning work in process $20,000 Direct labor 200,000 Ending work in process 10,000 Manufacturing overhead 150,000 Beginning finished goods 25,000 Operating expenses 175,000 Ending finished goods 15,000 a. $460,000 b. $470,000 c. $480,000 d. $490,000

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Answers (1)

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Madisyn Cunningham · Answer 1

c. $480,000

Explanation:

Cost of goods manufactured $

Direct materials used 120,000

Direct labor 200,000

Manufacturing overhead 150,000

Beginning work in process 20,000

Ending work in process 10,000

Cost of goods manufactured 480,000

So, Correct option is c. $480,000