value: 3.50 points TB MC Qu. 2-93 McGown Corp has the following information: McG

Question

value: 3.50 points TB MC Qu. 2-93 McGown Corp has the following information: McGown Corp has the following information: Beginning Ending Inventory Inventory (12/31) $22,600 $36,000 $19,800 22,700 33,600 $20,600 Raw Materials Inventory Work in Process Inventory Finished Goods Inventory Additional information for the year is as follows Raw materials purchases Direct labor Manufacturing overhead applied Indirect materlals $ 101,400 $ 80,200 $ 88,400 0 Compute the current manufacturing costs. O $76,900 O $256,60o O $78,400 O $270,000

Explanation / Answer

So, answer is B. $256,600

Raw material purchased $ 101,400 Add: Beginning raw material inventory $    22,600 Less: Ending raw material inventory $ (36,000) Raw material used for production $    88,000 Direct labour $    80,200 Manufacturing overhead $    88,400 Total manufacturing cost $ 256,600

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