The MRY company uses job order costing system and provides you the following data for...
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Accounting
The MRY company uses job order costing system and provides you the following data for the current period: Direct materials issued to production: $180,000 Indirect materials issued to production: $16,000 Direct labor cost: $214,000 Manufacturing overhead cost - applied: $226,000 Manufacturing overhead cost - actual: $250,000 There was no beginning and ending work in process and finished goods inventory. The company uses a predetermined overhead rate to apply manufacturing overhead to work in process (WIP) inventory Based on the above information, what is the cost of goods manufactured of MRY Company? Select one: a. $620,000 b. $644,000 C. $604,000 d. $660,000
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