Vaughn Audio, Inc. manufactures speakers. An additional $500 of raw materials was included in the...
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Accounting
Vaughn Audio, Inc. manufactures speakers. An additional $500 of raw materials was included in the overhead applied to production. During March, selected information is provided below for transactions and accounts:
Raw materials acquired for cash
$82300
Cost of direct materials used in production
81600
Costs to ship products to customers
900
Direct labor cost incurred
41000
Total manufacturing overhead incurred
25300
Raw materials inventory, beginning
3600
Raw materials inventory, ending
3800
Work in process inventory, beginning
12400
Work in process inventory, ending
13900
How much is cost of goods manufactured for March?
$146400
$147100
$147900
$147300
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