Table 2.3 Fitness Company reports the following data for 20X9, its first year of
ID: 2381477 • Letter: T
Question
Table 2.3Fitness Company reports the following data for 20X9, its first year of operations:
Cost of goods manufactured $440,000
Work in process inventory, Dec. 31, 20X9 130,000
Direct materials used 115,000
Manufacturing overhead incurred 160,000
Finished goods inventory, Dec. 31, 20X9 75,000
Refer to Table 2.3. What are the total manufacturing costs for the year ended December 31, 20X9? Table 2.3
Fitness Company reports the following data for 20X9, its first year of operations:
Cost of goods manufactured $440,000
Work in process inventory, Dec. 31, 20X9 130,000
Direct materials used 115,000
Manufacturing overhead incurred 160,000
Finished goods inventory, Dec. 31, 20X9 75,000
Refer to Table 2.3. What are the total manufacturing costs for the year ended December 31, 20X9?
Explanation / Answer
290,000
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