Question: OD) $653,000 Question 4 (2 points) Madison Millworks had the following inventories during 2019: January 1 December 31 Direct materials $50,000 $65,000 Work in 78,000
OD) $653,000 Question 4 (2 points) Madison Millworks had the following inventories during 2019: January 1 December 31 Direct materials $50,000 $65,000 Work in 78,000 process 85,000 Finished 23,000 goods 19,000 Madison purchased $416,000 of direct materials during 2019. Direct labor cost was! $200,000 and manufacturing overhead was $300,000. What was Madison's cost of goods manufactured for 2019? A) $901,000
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