The following information was extracted from the accounting records of Roosevelt Manufacturing Company: 80,000 Direct materials...

 

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The following information was extracted from the accounting records of Roosevelt Manufacturing Company: 80,000 Direct materials purchased Direct materials used 76,000 10, 000 Direct manufacturing labor costs Indirect manufacturing labor costs Sales salaries Other plant expenses 22,000 Selling and administrative expenses 20,000 What was the cost of goods manufactured? 1. $124, 000 2. $120, 000 3. $154, 000 4. $170, 000 12,000 14,000 The following information was extracted from the accounting records of Roosevelt Manufacturing Company: 80,000 Direct materials purchased Direct materials used 76,000 10, 000 Direct manufacturing labor costs Indirect manufacturing labor costs Sales salaries Other plant expenses 22,000 Selling and administrative expenses 20,000 What was the cost of goods manufactured? 1. $124, 000 2. $120, 000 3. $154, 000 4. $170, 000 12,000 14,000

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Step 1 Cost of goods manufactured Direct material used Direct manuf... View the full answer