Question: 66. Peyton Manufacturing has the following data: Work-in-process inventory, Jan. 1, 20x8 $ 43,000 Work-in-process inventory, Dec. 31, 20x8 48,500 Conversion costs during the year

66. Peyton Manufacturing has the following data: Work-in-process inventory, Jan. 1,

20x8 $ 43,000 Work-in-process inventory, Dec. 31, 20x8 48,500 Conversion costs during

66. Peyton Manufacturing has the following data: Work-in-process inventory, Jan. 1, 20x8 $ 43,000 Work-in-process inventory, Dec. 31, 20x8 48,500 Conversion costs during the year 415,000 If direct materials used during the year were $135,000, what was cost of goods manufactured? A. $140,500. B. $539,000. C. $409,500. D. $544,500. E. None of the answers is correct

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