Question: Given the following data for Coronado Industries, compute (A) total manufacturing costs and (B) cost of goods manufactured: Direct materials used $160000 Beginning work in
Given the following data for Coronado Industries, compute (A) total manufacturing costs and (B) cost of goods manufactured:
| Direct materials used | $160000 | Beginning work in process | $30000 | |
| Direct labor | 80000 | Ending work in process | 15000 | |
| Manufacturing overhead | 185000 | Beginning finished goods | 38000 | |
| Operating expenses | 193000 | Ending finished goods | 23000 |
| (A) | (B) |
| $425000 | $440000 |
| $425000 | $410000 |
| $410000 | $440000 |
| $440000 | $455000 |
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