Business, 30.07.2021 02:00 saintsfan2004

The following is the data for Lauren Enterprises: Selling and administrative expenses $75,000
Direct materials used 265,000
Direct labor (25,000 hours) 300,000
Factory overhead application rate $16 per DLH
Inventories
Beginning Ending
Direct materials $50,000 $45,000
Work in process 75,000 90,000
Finished goods 40,000 25,000
What is the cost of goods manufactured?
a. $1,115,000
b. $965,000
c. $955,000
d. $950,000

Answers: 2

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The following is the data for Lauren Enterprises: Selling and administrative expenses $75,000
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