please answer and explain QUESTION 10 Calculate the cost of goods manufactured u

Question

please answer and explain

QUESTION 10 Calculate the cost of goods manufactured using the following information: Direct materials Direct labor Factory overhead costs General and administrative expenses Selling expenses Work in Process inventory, January 1 Work in Process inventory, December 31 Finished goods inventory, January 1 Finished goods inventory, December 31 $ 298,500 132,000 264,000 85,500 48,800 118,500 125,900 232,100 238,700 O $687,100 $674,600 O $772,600 $701,900 O $680,500. QUESTION 1 The production activities for a customized product represent a(n) O Process. O Unit. Job O Pool Operation.

Explanation / Answer

10) Cost of goods manufactured = 118500+298500+132000+264000-125900 = 687100

so answer is a) $687100

11) The production activities for a customized product represent as job

so answer is c) job

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